£382,545
This estimated value is based upon the latest sale price for the house of £355,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £355,000 | 17 Sep 2021 |
| £190,000 | 20 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £355,000 results in an estimated price of approximately £382,545.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £355,000 | £27,545 | £382,545 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -25.724 % | £-91,321 | £263,678 |
| 3 Month Average | -3.824 % | £-13,574 | £341,425 |
| 6 Month Average | 7.155 % | £25,400 | £380,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £304,508 | £300,000 | 205 LONG LANE |
| 4 Jul 2023 | £213,879 | £211,000 | 187 LONG LANE |
| 24 Mar 2023 | £75,713 | £75,000 | FLAT 7 MANSION COURT LONG LANE |
| 22 Mar 2023 | £272,568 | £270,000 | 13 HALESOWEN ROAD |
| 28 Mar 2022 | £264,247 | £255,000 | 142 GREENHILL ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 26 Apr 2014. Using an estimated price of £382,545 means this house is valued at £2,942 per sq meter (£273 per sq foot).
The average size of a house on RADCLIFFE DRIVE is 164 sq meters (1,769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Radcliffe Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radcliffe Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radcliffe Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Radcliffe Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radcliffe Drive |