£221,806
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Sep 2017. 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 Ryecroft Avenue
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| Price Paid | Date |
|---|---|
| £175,000 | 8 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £175,000 results in an estimated price of approximately £221,806.
| 8 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £175,000 | £46,806 | £221,806 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 2.259 % | £3,953 | £178,953 |
| 3 Month Average | 26.633 % | £46,608 | £221,608 |
| 6 Month Average | 33.186 % | £58,076 | £233,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £138,422 | £136,000 | 1 RYECROFT COTTAGES COTON ROAD |
| 30 Nov 2023 | £203,005 | £200,000 | 22A RYECROFT AVENUE |
| 24 Aug 2023 | £156,368 | £155,000 | 7 RYECROFT AVENUE |
| 14 Jul 2023 | £76,023 | £75,000 | 32A BIRCHWOOD ROAD |
| 25 Nov 2022 | £237,128 | £240,000 | 6 RYECROFT AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Jun 2017. Using an estimated price of £221,806 means this house is valued at £2,492 per sq meter (£231 per sq foot).
The average size of a house on RYECROFT AVENUE is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ryecroft Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Ryecroft Avenue |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Ryecroft Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ryecroft Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ryecroft Avenue |