£161,542
This estimated value is based upon the latest sale price for the house of £95,000 on 25 Feb 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 25 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 2013 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £95,000 results in an estimated price of approximately £161,542.
| 25 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £95,000 | £66,542 | £161,542 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 22.841 % | £21,698 | £116,698 |
| 3 Month Average | 66.266 % | £62,952 | £157,952 |
| 6 Month Average | 66.824 % | £63,482 | £158,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £332,610 | £327,500 | 44 LODGE ROAD |
| 27 Sep 2023 | £262,793 | £257,000 | 4 BURNHAM AVENUE |
| 24 Feb 2023 | £392,623 | £390,000 | 38 CAPSTONE AVENUE |
| 19 Aug 2022 | £190,893 | £190,000 | 43 RIBBESFORD AVENUE |
| 25 Mar 2022 | £219,226 | £210,000 | 35 BURNHAM AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jul 2012. Using an estimated price of £161,543 means this house is valued at £1,856 per sq meter (£172 per sq foot).
The average size of a house on RIBBESFORD AVENUE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Burnham Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnham Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Capstone Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Capstone Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Capstone Avenue |