£170,673
This estimated value is based upon the latest sale price for the house of £48,000 on 28 Feb 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £48,000 | 28 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 February 2001 the House Price Index for WEST MIDLANDS was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £48,000 results in an estimated price of approximately £170,673.
| 28 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £48,000 | £122,673 | £170,673 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 289.399 % | £138,911 | £186,911 |
| 3 Month Average | 257.409 % | £123,556 | £171,556 |
| 6 Month Average | 280.227 % | £134,508 | £182,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2022 | £123,210 | £120,000 | 67 RANSOM ROAD |
| 21 Apr 2022 | £165,988 | £160,000 | 145 QUEEN MARYS ROAD |
| 21 Jan 2022 | £170,692 | £161,000 | 54 QUEEN MARYS ROAD |
| 14 Dec 2021 | £269,827 | £250,000 | 19A MANSEL STREET |
| 5 Nov 2021 | £168,876 | £155,000 | 57 RANSOM ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 5 Jul 2014. Using an estimated price of £170,674 means this house is valued at £1,510 per sq meter (£140 per sq foot).
The average size of a house on RANSOM ROAD is 164 sq meters (1,772 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Queen Mary'S Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Mary'S Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Queen Mary'S Road |
| Aug 2024 | Anti-social behaviour | On or near Queen Mary'S Road | |
| Aug 2024 | Anti-social behaviour | On or near Queen Mary'S Road |