£388,453
This estimated value is based upon the latest sale price for the house of £313,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £313,000 | 1 Dec 2017 |
| £209,000 | 13 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 1153 sq meters or 12,415 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £313,000 results in an estimated price of approximately £388,453.
| 1 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £313,000 | £75,453 | £388,453 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 171.941 % | £538,175 | £851,175 |
| 3 Month Average | 40.552 % | £126,929 | £439,929 |
| 6 Month Average | 13.922 % | £43,574 | £356,574 |
This house has a floor area of 1153 sq meters or 12,415 sq feet when measured on 27 Oct 2011.
The average size of a house on RIDGEWAY AVENUE is 249 sq meters (2,680 sq feet).
This house is the largest in the street with a floor area of 1153 sq meters (12,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgeway Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Knoll Croft |
| Jan 2024 | Possession of weapons | Local resolution | On or near Knoll Croft |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Knoll Croft |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Knoll Croft |