£515,761
This estimated value is based upon the latest sale price for the house of £285,000 on 24 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 24 Aug 2005 |
| £127,500 | 17 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.969%.Applying this 80.969% change to the original purchase price of £285,000 results in an estimated price of approximately £515,761.
| 24 Aug 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 146.7 | 80.969 % | £285,000 | £230,761 | £515,761 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 63.025 % | £179,620 | £464,620 |
| 3 Month Average | 79.612 % | £226,894 | £511,894 |
| 6 Month Average | 75.221 % | £214,380 | £499,380 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 25 Feb 2019.
The average size of a house on BETTERIDGE DRIVE is 107 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peveril Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peveril Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Reddicap Hill |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Reddicap Hill |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reddicap Hill |