£294,072
This estimated value is based upon the latest sale price for the house of £175,000 on 27 Jul 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Richborough Drive
More crime details
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| Price Paid | Date |
|---|---|
| £175,000 | 27 Jul 2012 |
| £188,000 | 5 Aug 2005 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.041%.Applying this 68.041% change to the original purchase price of £175,000 results in an estimated price of approximately £294,072.
| 27 Jul 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 146.7 | 68.041 % | £175,000 | £119,072 | £294,072 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 25.115 % | £43,951 | £218,951 |
| 3 Month Average | 68.928 % | £120,623 | £295,623 |
| 6 Month Average | 95.784 % | £167,622 | £342,622 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 May 2012.
The average size of a house on ELMSTONE CLOSE is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richborough Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Richborough Drive |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Richborough Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Richborough Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balvenie Way |