£69,065
This estimated value is based upon the latest sale price for the house of £29,280 on 2 Jun 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £29,280 | 2 Jun 2003 |
| Semi-Detached |
| Freehold |
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 June 2003 the House Price Index for WEST MIDLANDS was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £29,280 results in an estimated price of approximately £69,065.
| 2 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £29,280 | £39,785 | £69,065 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 119.155 % | £34,888 | £64,168 |
| 3 Month Average | 92.328 % | £27,033 | £56,313 |
| 6 Month Average | 120.723 % | £35,347 | £64,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £162,404 | £160,000 | 67 HILLWOOD ROAD |
| 2 Nov 2023 | £195,393 | £192,500 | 55 RIDGEFIELD ROAD |
| 28 Jun 2023 | £133,619 | £132,000 | 34 HOPE STREET |
| 27 Mar 2023 | £201,902 | £200,000 | 8 OLIVE LANE |
| 27 May 2022 | £188,553 | £185,000 | 9 RIDGEFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgefield Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ridgefield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridgefield Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgefield Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Olive Lane |