£345,469
This estimated value is based upon the latest sale price for the house of £199,950 on 15 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,950 | 15 Sep 2011 |
| £99,000 | 18 May 2001 |
| £68,000 | 14 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 881 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £199,950 results in an estimated price of approximately £345,469.
| 15 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £199,950 | £145,519 | £345,469 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 6.122 % | £12,240 | £212,190 |
| 3 Month Average | 58.510 % | £116,990 | £316,940 |
| 6 Month Average | 58.316 % | £116,601 | £316,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £205,629 | £203,000 | 275 JOCKEY ROAD |
| 31 Jul 2023 | £177,387 | £175,000 | 335 JOCKEY ROAD |
| 9 Sep 2022 | £332,812 | £335,500 | 303 JOCKEY ROAD |
| 13 May 2022 | £519,794 | £510,000 | 11 IVY ROAD |
| 8 Apr 2022 | £334,685 | £325,000 | 10 REDACRE ROAD |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 15 Jul 2011. Using an estimated price of £345,469 means this house is valued at £4,218 per sq meter (£391 per sq foot).
The average size of a house on REDACRE ROAD is 119 sq meters (1,281 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redacre Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redacre Road |
| Feb 2024 | Other theft | Under investigation | On or near Redacre Road |
| Feb 2024 | Other theft | Under investigation | On or near Redacre Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redacre Road |