£232,051
This estimated value is based upon the latest sale price for the house of £215,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 20 Dec 2021 |
| £125,000 | 28 Mar 2014 |
| £66,000 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £215,000 results in an estimated price of approximately £232,051.
| 20 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £215,000 | £17,051 | £232,051 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 33.885 % | £72,852 | £287,852 |
| 3 Month Average | 12.601 % | £27,092 | £242,092 |
| 6 Month Average | 18.398 % | £39,554 | £254,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £90,790 | £88,000 | 141 THE RIDGEWAY |
| 31 Oct 2023 | £173,951 | £170,000 | 60A DUDLEY ROAD |
| 22 Sep 2023 | £276,086 | £270,000 | 37 FURLONGS ROAD |
| 2 Aug 2023 | £285,143 | £280,000 | 27 FURLONGS ROAD |
| 18 Apr 2023 | £239,479 | £235,000 | BRADVILLE THE RIDGEWAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 Sep 2013. Using an estimated price of £232,051 means this house is valued at £2,975 per sq meter (£276 per sq foot).
The average size of a house on FURLONGS ROAD is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Furlongs Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Furlongs Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Ridgeway |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Limes View |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Limes View |