£297,791
This estimated value is based upon the latest sale price for the house of £234,950 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£234,950 | 29 Sep 2017 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £234,950 results in an estimated price of approximately £297,791.
29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £234,950 | £62,841 | £297,791 |
The Postcode Pricing Model uses changes in average sales price within the WV10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 74.271 % | £174,500 | £409,450 |
3 Month Average | 31.693 % | £74,463 | £309,413 |
6 Month Average | 32.938 % | £77,387 | £312,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £203,603 | £201,000 | 26 RANGER DRIVE |
23 Aug 2023 | £368,221 | £365,000 | 2 OHIO GARDENS |
31 Jul 2023 | £192,592 | £190,000 | 99 AKRON DRIVE |
15 Jun 2023 | £237,881 | £235,000 | 11 OHIO GARDENS |
26 Oct 2022 | £286,911 | £290,000 | 85 AKRON DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 11 Aug 2017. Using an estimated price of £297,791 means this house is valued at £2,682 per sq meter (£249 per sq foot).
The average size of a house on RANGER DRIVE is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ohio Gardens |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ohio Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Macon Grove |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Macon Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macon Grove |