£273,563
This estimated value is based upon the latest sale price for the house of £190,000 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 14 Aug 2015 |
| £147,000 | 26 May 2006 |
| £69,950 | 28 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £190,000 results in an estimated price of approximately £273,563.
| 14 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £190,000 | £83,563 | £273,563 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | -10.328 % | £-19,622 | £170,377 |
| 3 Month Average | 57.291 % | £108,852 | £298,852 |
| 6 Month Average | 72.414 % | £137,586 | £327,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £414,985 | £407,500 | 15 RIVERBANK ROAD |
| 26 Aug 2022 | £351,644 | £350,000 | 30 LAMBOURN ROAD |
| 22 Apr 2022 | £248,981 | £240,000 | 24 LAMBOURN ROAD |
| 30 Nov 2021 | £266,932 | £245,000 | 4 HARROWBY PLACE |
| 7 Dec 2020 | £210,430 | £182,000 | 5 WEAVER GROVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Aug 2014. Using an estimated price of £273,563 means this house is valued at £3,180 per sq meter (£295 per sq foot).
The average size of a house on RIVERBANK ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yare Grove |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Evenlode Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Evenlode Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Evenlode Grove |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Evenlode Grove |