£341,437
This estimated value is based upon the latest sale price for the house of £186,995 on 25 Nov 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £186,995 | 25 Nov 2005 |
| £123,250 | 25 Mar 2002 |
| £52,500 | 11 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 November 2005 the House Price Index for WEST MIDLANDS was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £186,995 results in an estimated price of approximately £341,437.
| 25 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £186,995 | £154,442 | £341,437 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 35.017 % | £65,480 | £252,475 |
| 3 Month Average | 80.317 % | £150,189 | £337,184 |
| 6 Month Average | 56.970 % | £106,531 | £293,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £140,311 | £136,000 | 1 RYECROFT COTTAGES COTON ROAD |
| 30 Nov 2023 | £205,209 | £200,000 | 22A RYECROFT AVENUE |
| 20 Oct 2023 | £312,088 | £305,000 | 4 WESTMINSTER AVENUE |
| 24 Aug 2023 | £157,847 | £155,000 | 7 RYECROFT AVENUE |
| 25 Nov 2022 | £238,883 | £240,000 | 6 RYECROFT AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 Oct 2014. Using an estimated price of £341,438 means this house is valued at £3,221 per sq meter (£299 per sq foot).
The average size of a house on RYECROFT AVENUE is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ryecroft Avenue |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ryecroft Avenue |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ryecroft Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ryecroft Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ryecroft Avenue |