£135,430
This estimated value is based upon the latest sale price for the house of £118,000 on 7 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £118,000 | 7 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £118,000 results in an estimated price of approximately £135,430.
| 7 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £118,000 | £17,430 | £135,430 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 28.377 % | £33,484 | £151,484 |
| 3 Month Average | 11.467 % | £13,531 | £131,531 |
| 6 Month Average | 13.437 % | £15,855 | £133,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £131,954 | £130,000 | 14 RANBY ROAD |
| 6 Jun 2023 | £169,048 | £167,000 | 136 NICHOLLS STREET |
| 3 Apr 2023 | £106,143 | £105,000 | 76 HIGHFIELD ROAD |
| 3 Feb 2023 | £139,906 | £140,000 | 4 RANBY ROAD |
| 9 Jan 2023 | £119,437 | £120,000 | 188 NICHOLLS STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 4 Jun 2020. Using an estimated price of £135,430 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on RANBY ROAD is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ranby Road |
| Feb 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranby Road |