£201,354
This estimated value is based upon the latest sale price for the house of £135,000 on 18 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £135,000 | 18 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 December 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £135,000 results in an estimated price of approximately £201,354.
| 18 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £135,000 | £66,354 | £201,354 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 61.972 % | £83,662 | £218,662 |
| 3 Month Average | 43.536 % | £58,773 | £193,773 |
| 6 Month Average | 56.961 % | £76,896 | £211,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 May 2022 | £118,228 | £116,000 | FLAT 7 GROVELAND COURT, 25 RINGWOOD HIGHWAY |
| 30 Mar 2022 | £139,895 | £135,000 | 11A RINGWOOD HIGHWAY |
| 20 Jan 2022 | £127,341 | £121,000 | 53 HICKORY CLOSE |
| 20 Dec 2021 | £139,225 | £129,950 | FLAT 11 GROVELAND COURT, 25 RINGWOOD HIGHWAY |
| 17 Dec 2021 | £93,210 | £87,000 | 5A RINGWOOD HIGHWAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Oct 2014. Using an estimated price of £201,354 means this house is valued at £3,412 per sq meter (£317 per sq foot).
The average size of a house on RINGWOOD HIGHWAY is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pancras Close |
| Mar 2024 | Drugs | Under investigation | On or near Angela Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Angela Avenue |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Angela Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Hickory Close |