£571,682
This estimated value is based upon the latest sale price for the house of £400,000 on 29 Sep 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £400,000 | 29 Sep 2015 |
| £200,000 | 21 Mar 2005 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 September 2015 the House Price Index for WEST MIDLANDS was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £400,000 results in an estimated price of approximately £571,682.
| 29 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £400,000 | £171,682 | £571,682 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 110.998 % | £443,991 | £843,991 |
| 3 Month Average | 54.294 % | £217,176 | £617,176 |
| 6 Month Average | 52.895 % | £211,578 | £611,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £638,545 | £633,000 | 17 WELBECK CLOSE |
| 17 Feb 2023 | £478,194 | £475,000 | 4 WELBECK CLOSE |
| 4 Aug 2022 | £326,527 | £325,000 | 80 SHENSTONE VALLEY ROAD |
| 14 Jun 2022 | £6,641,979 | £6,500,000 | GOWER GARDENS RESIDENTIAL CARE HOME, 31 KENT ROAD |
| 23 Oct 2020 | £573,157 | £485,000 | 79 KENT ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 13 Oct 2014. Using an estimated price of £571,683 means this house is valued at £4,501 per sq meter (£418 per sq foot).
The average size of a house on HIGHLAND RIDGE is 211 sq meters (2,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Compton Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Compton Road |