£267,905
This estimated value is based upon the latest sale price for the house of £262,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £262,000 | 15 Sep 2023 |
| £139,000 | 26 Oct 2007 |
| £90,950 | 2 Jul 2004 |
| 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 September 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £262,000 results in an estimated price of approximately £267,905.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £262,000 | £5,905 | £267,905 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | -30.373 % | £-79,576 | £182,423 |
| 3 Month Average | -20.563 % | £-53,873 | £208,126 |
| 6 Month Average | -9.699 % | £-25,412 | £236,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £238,500 | £238,500 | 8 SCOTT AVENUE |
| 15 Dec 2023 | £119,677 | £116,000 | 48 KILVERT ROAD |
| 28 Sep 2023 | £245,410 | £240,000 | 18 RIVERWAY |
| 15 Sep 2023 | £267,906 | £262,000 | 14 RIVERWAY |
| 18 Aug 2023 | £157,847 | £155,000 | 1 SCOTT AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Apr 2016. Using an estimated price of £267,906 means this house is valued at £3,434 per sq meter (£319 per sq foot).
The average size of a house on RIVERWAY is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverway |
| Oct 2024 | Anti-social behaviour | On or near Richard Williams Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Richard Williams Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Richard Williams Road |