£146,276
This estimated value is based upon the latest sale price for the house of £92,000 on 2 May 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,000 | 2 May 2008 |
| £57,900 | 3 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 May 2008 the House Price Index for WEST MIDLANDS was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £92,000 results in an estimated price of approximately £146,276.
| 2 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £92,000 | £54,276 | £146,276 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 47.740 % | £43,920 | £135,920 |
| 3 Month Average | 58.831 % | £54,124 | £146,124 |
| 6 Month Average | 70.379 % | £64,748 | £156,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £211,853 | £210,000 | 554 CANNOCK ROAD |
| 23 Aug 2023 | £243,127 | £241,000 | 11 OLD FALLINGS LANE |
| 26 Jul 2023 | £273,683 | £270,000 | 15 OLD FALLINGS LANE |
| 5 Jun 2023 | £242,943 | £240,000 | 147 NEWBOLDS ROAD |
| 17 Mar 2023 | £232,188 | £230,000 | 45 CROFT LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 30 Mar 2016. Using an estimated price of £146,277 means this house is valued at £1,462 per sq meter (£135 per sq foot).
The average size of a house on THE RIDDINGS is 101 sq meters (1,088 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Riddings |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Croft Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Croft Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Croft Lane |