£295,643
This estimated value is based upon the latest sale price for the house of £188,000 on 27 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Red Brook Road
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Price Paid | Date |
---|---|
£188,000 | 27 Sep 2007 |
£103,000 | 8 Feb 2002 |
£79,950 | 20 Dec 1996 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £188,000 results in an estimated price of approximately £295,643.
27 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 149.7 | 57.257 % | £188,000 | £107,643 | £295,643 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 12.582 % | £23,653 | £211,653 |
3 Month Average | 23.044 % | £43,322 | £231,322 |
6 Month Average | 48.271 % | £90,750 | £278,750 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £171,436 | £168,000 | 33 KENILWORTH CRESCENT |
17 Aug 2022 | £165,775 | £165,000 | 16 RED RIVER ROAD |
30 Sep 2021 | £168,263 | £155,000 | 44 KENILWORTH CRESCENT |
7 Dec 2020 | £150,307 | £130,000 | 10 KENILWORTH CRESCENT |
17 Jul 2020 | £172,978 | £142,000 | 25 RED RIVER ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 17 Nov 2014. Using an estimated price of £295,643 means this house is valued at £2,789 per sq meter (£259 per sq foot).
The average size of a house on RED RIVER ROAD is 77 sq meters (832 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Red Brook Road |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Red Brook Road |
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Red Brook Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Red Brook Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Burgh Way |