£222,750
This estimated value is based upon the latest sale price for the house of £142,000 on 30 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£142,000 | 30 Apr 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £142,000 results in an estimated price of approximately £222,750.
30 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £142,000 | £80,750 | £222,750 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | 41.605 % | £59,079 | £201,079 |
3 Month Average | 19.407 % | £27,558 | £169,558 |
6 Month Average | 19.798 % | £28,112 | £170,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £431,632 | £425,000 | 92 RAVENHURST ROAD |
31 Oct 2023 | £599,619 | £586,000 | 98 RAVENHURST ROAD |
2 Oct 2023 | £370,413 | £362,000 | 66 MARGARET GROVE |
16 Sep 2022 | £524,600 | £524,950 | 3 MARGARET GROVE |
8 Sep 2022 | £469,686 | £470,000 | 93 RAVENHURST ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 6 Feb 2020. Using an estimated price of £222,751 means this house is valued at £4,125 per sq meter (£383 per sq foot).
The average size of a house on RAVENHURST ROAD is 111 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Winterbourne Lane |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Moor Pool Avenue |
Oct 2024 | Burglary | Under investigation | On or near Moor Pool Avenue |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near East Pathway |
Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Margaret Grove |