£140,666
This estimated value is based upon the latest sale price for the house of £51,950 on 30 Aug 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £51,950 | 30 Aug 2002 |
| £56,000 | 19 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2002 the House Price Index for WEST MIDLANDS was 54.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 170.773%.Applying this 170.773% change to the original purchase price of £51,950 results in an estimated price of approximately £140,666.
| 30 Aug 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 146.7 | 170.773 % | £51,950 | £88,716 | £140,666 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 163.627 % | £85,004 | £136,954 |
| 3 Month Average | 180.674 % | £93,860 | £145,810 |
| 6 Month Average | 197.761 % | £102,736 | £154,686 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 15 Nov 2013.
The average size of a house on RICHMOND ROAD is 114 sq meters (1,233 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Richmond Road |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Richmond Road |
| Jan 2024 | Anti-social behaviour | On or near Richmond Road | |
| Jan 2024 | Anti-social behaviour | On or near Richmond Road |