£523,899
This estimated value is based upon the latest sale price for the house of £328,000 on 31 Jan 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£328,000 | 31 Jan 2014 |
£266,500 | 1 Jul 2005 |
£101,000 | 24 May 1996 |
Terraced |
Freehold |
Floor Area: 152 sq meters or 1,636 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 2014 the House Price Index for WEST MIDLANDS was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £328,000 results in an estimated price of approximately £523,899.
31 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £328,000 | £195,899 | £523,899 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 45.001 % | £147,601 | £475,601 |
3 Month Average | 14.137 % | £46,370 | £374,370 |
6 Month Average | 40.212 % | £131,896 | £459,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £343,510 | £337,500 | 11 LYNDON ROAD |
6 Dec 2023 | £248,854 | £244,500 | 80 PIERCE AVENUE |
23 Aug 2023 | £469,104 | £465,000 | 16 FERNHILL ROAD |
31 Mar 2023 | £259,444 | £257,000 | 139 SCOTT ROAD |
1 Mar 2023 | £257,425 | £255,000 | 74 RICHMOND ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 17 Jun 2013. Using an estimated price of £523,899 means this house is valued at £3,446 per sq meter (£320 per sq foot).
The average size of a house on RICHMOND ROAD is 111 sq meters (1,199 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richmond Road |
Jan 2024 | Public order | Under investigation | On or near Richmond Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Bartley Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bartley Close |