£216,445
This estimated value is based upon the latest sale price for the house of £215,000 on 14 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 14 Feb 2023 |
| £173,000 | 22 Aug 2019 |
| £124,500 | 1 Apr 2010 |
| £129,000 | 7 Apr 2006 |
| £68,000 | 3 Aug 2001 |
| £59,950 | 28 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 794 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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £215,000 results in an estimated price of approximately £216,445.
| 14 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £215,000 | £1,445 | £216,445 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -8.279 % | £-17,798 | £197,201 |
| 3 Month Average | 14.906 % | £32,047 | £247,047 |
| 6 Month Average | 12.264 % | £26,368 | £241,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £216,446 | £215,000 | 35 RICHBOROUGH DRIVE |
| 7 Sep 2021 | £189,975 | £175,000 | 45 RICHBOROUGH DRIVE |
| 26 Aug 2021 | £192,182 | £171,000 | 37 RICHBOROUGH DRIVE |
| 18 Dec 2020 | £278,646 | £241,000 | 42 RICHBOROUGH DRIVE |
| 1 May 2020 | £187,300 | £152,000 | 67 RICHBOROUGH DRIVE |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 4 Aug 2009. Using an estimated price of £216,446 means this house is valued at £2,931 per sq meter (£272 per sq foot).
The average size of a house on RICHBOROUGH DRIVE is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Richborough Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beaumaris Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Elmstone Close |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elmstone Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goodrich Mews |