£126,055
This estimated value is based upon the latest sale price for the house of £68,500 on 29 Sep 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,500 | 29 Sep 2005 |
| £27,700 | 31 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2005 the House Price Index for WEST MIDLANDS was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £68,500 results in an estimated price of approximately £126,055.
| 29 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £68,500 | £57,555 | £126,055 |
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 | 55.040 % | £37,702 | £106,202 |
| 3 Month Average | 90.085 % | £61,708 | £130,208 |
| 6 Month Average | 87.874 % | £60,193 | £128,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £131,000 | £131,000 | 7 MERIDEN ROAD |
| 29 Sep 2023 | £71,578 | £70,000 | 188A RENTON ROAD |
| 29 Sep 2023 | £184,057 | £180,000 | 21 MERIDEN ROAD |
| 22 Sep 2023 | £195,050 | £190,750 | 11 RENTON GROVE |
| 30 Aug 2023 | £173,122 | £170,000 | 13 RENTON GROVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 30 Sep 2014. Using an estimated price of £126,056 means this house is valued at £2,626 per sq meter (£243 per sq foot).
The average size of a house on RENTON ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Renton Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Renton Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Renton Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Renton Grove |
| Jul 2024 | Anti-social behaviour | On or near Renton Grove |