£579,318
This estimated value is based upon the latest sale price for the house of £232,500 on 6 Jan 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£232,500 | 6 Jan 2003 |
£162,000 | 20 Dec 2001 |
Detached |
Freehold |
Floor Area: 168 sq meters or 1,808 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 January 2003 the House Price Index for WEST MIDLANDS was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £232,500 results in an estimated price of approximately £579,318.
6 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 149.7 | 149.169 % | £232,500 | £346,818 | £579,318 |
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 | 79.984 % | £185,962 | £418,462 |
3 Month Average | 162.175 % | £377,056 | £609,556 |
6 Month Average | 173.400 % | £403,155 | £635,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £239,871 | £232,500 | 59 BARBEL DRIVE |
11 Aug 2023 | £90,635 | £89,000 | 71 BARBEL DRIVE |
28 Apr 2023 | £428,005 | £420,000 | 6 RUDD GARDENS |
14 Mar 2023 | £91,529 | £90,000 | 72 BARBEL DRIVE |
27 Jan 2023 | £235,630 | £235,000 | 25 BARBEL DRIVE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 18 May 2014. Using an estimated price of £579,319 means this house is valued at £3,448 per sq meter (£320 per sq foot).
The average size of a house on RUDD GARDENS is 160 sq meters (1,727 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rudd Gardens |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rudd Gardens |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Rudd Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rudd Gardens |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Rudd Gardens |