£296,482
This estimated value is based upon the latest sale price for the house of £178,000 on 6 Jun 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £178,000 | 6 Jun 2013 |
| £91,000 | 17 Aug 2001 |
| £64,950 | 18 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2013 the House Price Index for WEST MIDLANDS was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £178,000 results in an estimated price of approximately £296,482.
| 6 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £178,000 | £118,482 | £296,482 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 70.089 % | £124,758 | £302,758 |
| 3 Month Average | 11.803 % | £21,008 | £199,008 |
| 6 Month Average | 26.986 % | £48,034 | £226,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £269,719 | £265,000 | 85 REDLANDS ROAD |
| 11 Dec 2023 | £81,425 | £80,000 | APARTMENT 24 ST FRANCIS LODGE, 24 CORNYX LANE |
| 8 Dec 2023 | £223,918 | £220,000 | 81 REDLANDS ROAD |
| 28 Jul 2023 | £309,161 | £305,000 | 28 BROOMFIELDS CLOSE |
| 21 Jul 2023 | £130,760 | £129,000 | APARTMENT 16 ST FRANCIS LODGE, 24 CORNYX LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Oct 2019. Using an estimated price of £296,483 means this house is valued at £4,061 per sq meter (£377 per sq foot).
The average size of a house on REDLANDS ROAD is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Redlands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redlands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redlands Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Glebe Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newfield Close |