£1,166,024
This estimated value is based upon the latest sale price for the house of £770,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £770,000 | 29 Aug 2014 |
| £625,000 | 12 Jun 2003 |
| £275,000 | 19 May 1997 |
| £200,000 | 14 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 256 sq meters or 2,755 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £770,000 results in an estimated price of approximately £1,166,024.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £770,000 | £396,024 | £1,166,024 |
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 | 38.678 % | £297,819 | £1,067,819 |
| 3 Month Average | -5.252 % | £-40,437 | £729,562 |
| 6 Month Average | 13.672 % | £105,277 | £875,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £339,570 | £335,000 | 59 RIVERSIDE DRIVE |
| 28 Jun 2023 | £3,037 | £3,000 | 29 OLDWAY DRIVE |
| 1 Feb 2023 | £304,795 | £305,000 | 32 RIVERSIDE DRIVE |
| 19 Aug 2022 | £339,087 | £340,000 | 33 RIVERSIDE DRIVE |
| 13 Jul 2022 | £330,891 | £330,000 | 70 RIVERSIDE DRIVE |
This house has a floor area of 256 sq meters or 2,755 sq feet when measured on 6 Jul 2012. Using an estimated price of £1,166,025 means this house is valued at £4,554 per sq meter (£423 per sq foot).
The average size of a house on WARWICK ROAD is 150 sq meters (1,620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Riverside Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riverside Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riverside Drive |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jan 2024 | Anti-social behaviour | On or near Gentleshaw Lane |