£1,336,161
This estimated value is based upon the latest sale price for the house of £222,500 on 3 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£222,500 | 3 Oct 2023 |
£142,000 | 6 Nov 2014 |
£118,000 | 11 Dec 2013 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 October 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £222,500 results in an estimated price of approximately £1,336,161.
3 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 146.7 | 500.522 % | £222,500 | £1,113,661 | £1,336,161 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 39.732 % | £88,404 | £310,904 |
3 Month Average | 19.515 % | £43,421 | £265,921 |
6 Month Average | 6.436 % | £14,319 | £236,819 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Aug 2013.
The average size of a house on RUTLAND CRESCENT is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Avenue |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancaster Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hereford Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hereford Close |
Dec 2023 | Drugs | Under investigation | On or near Hereford Close |