£337,315
This estimated value is based upon the latest sale price for the house of £108,000 on 4 Jan 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Richmond Place
More crime details
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| Price Paid | Date |
|---|---|
| £108,000 | 4 Jan 2002 |
| Semi-Detached |
| Freehold |
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 2002 the House Price Index for WEST MIDLANDS was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £108,000 results in an estimated price of approximately £337,315.
| 4 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £108,000 | £229,315 | £337,315 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 130.220 % | £140,637 | £248,637 |
| 3 Month Average | 146.454 % | £158,170 | £266,170 |
| 6 Month Average | 168.695 % | £182,190 | £290,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £288,040 | £283,000 | 45 MELTON ROAD |
| 3 Nov 2023 | £599,881 | £591,000 | 16 SPRINGFIELD ROAD |
| 16 Aug 2023 | £262,295 | £260,000 | 2 RICHMOND PLACE |
| 28 Jun 2023 | £283,433 | £280,000 | 67 MELTON ROAD |
| 13 Jun 2023 | £253,065 | £250,000 | 102 INSTITUTE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Place |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaddesby Road |