£181,640
This estimated value is based upon the latest sale price for the house of £178,000 on 23 Jun 2023. 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 Sherborne Road
More crime details
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| Price Paid | Date |
|---|---|
| £178,000 | 23 Jun 2023 |
| £95,000 | 19 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 June 2023 the House Price Index for WEST MIDLANDS was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £178,000 results in an estimated price of approximately £181,640.
| 23 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £178,000 | £3,640 | £181,640 |
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 | -44.056 % | £-78,419 | £99,580 |
| 3 Month Average | -3.205 % | £-5,704 | £172,295 |
| 6 Month Average | -2.651 % | £-4,718 | £173,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £154,372 | £152,000 | 121 SHERBORNE ROAD |
| 26 Sep 2023 | £163,607 | £160,000 | 124 RINGWOOD ROAD |
| 23 Jun 2023 | £181,640 | £178,000 | 69 RINGWOOD ROAD |
| 12 Jun 2023 | £198,988 | £195,000 | 82 RINGWOOD ROAD |
| 24 Feb 2023 | £161,076 | £160,000 | 85 SHERBORNE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 28 Aug 2012. Using an estimated price of £181,640 means this house is valued at £2,018 per sq meter (£187 per sq foot).
The average size of a house on RINGWOOD ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherborne Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Sherborne Road |
| Jul 2024 | Other theft | Under investigation | On or near Stanley Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Elston Hall Lane |