£116,858
This estimated value is based upon the latest sale price for the house of £64,950 on 21 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £64,950 | 21 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.920%.Applying this 79.920% change to the original purchase price of £64,950 results in an estimated price of approximately £116,858.
| 21 Oct 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.920 % | £64,950 | £51,908 | £116,858 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 12.196 % | £7,921 | £72,871 |
| 3 Month Average | 50.082 % | £32,528 | £97,478 |
| 6 Month Average | 56.024 % | £36,387 | £101,337 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 16 Jan 2013.
The average size of a house on REDWOOD ROAD is 62 sq meters (671 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |