£1,009,623
This estimated value is based upon the latest sale price for the house of £725,000 on 10 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £725,000 | 10 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 290 sq meters or 3,121 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £725,000 results in an estimated price of approximately £1,009,623.
| 10 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £725,000 | £284,623 | £1,009,623 |
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 | 17.207 % | £124,754 | £849,754 |
| 3 Month Average | 43.302 % | £313,938 | £1,038,938 |
| 6 Month Average | 40.766 % | £295,556 | £1,020,556 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £474,681 | £475,000 | 4 WELBECK CLOSE |
| 14 Jun 2022 | £6,593,175 | £6,500,000 | GOWER GARDENS RESIDENTIAL CARE HOME, 31 KENT ROAD |
| 6 May 2022 | £355,193 | £348,500 | 16 SHENSTONE AVENUE |
| 17 Sep 2021 | £382,545 | £355,000 | 15 RADCLIFFE DRIVE |
| 24 Aug 2021 | £457,402 | £410,000 | 7 KENT ROAD |
This house has a floor area of 290 sq meters or 3,121 sq feet when measured on 23 Jun 2014. Using an estimated price of £1,009,624 means this house is valued at £3,481 per sq meter (£323 per sq foot).
The average size of a house on HIGHLAND RIDGE is 211 sq meters (2,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highland Ridge |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welbeck Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Welbeck Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radcliffe Drive |