£422,451
This estimated value is based upon the latest sale price for the house of £340,000 on 11 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £340,000 | 11 Jul 2019 |
| £225,000 | 20 Jan 2010 |
| £70,000 | 31 Aug 2001 |
| £105,000 | 10 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £340,000 results in an estimated price of approximately £422,451.
| 11 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £340,000 | £82,451 | £422,451 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 109.623 % | £372,719 | £712,719 |
| 3 Month Average | 0.266 % | £903 | £340,903 |
| 6 Month Average | 20.469 % | £69,595 | £409,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 May 2024 | £305,000 | £305,000 | 17 CRICKET CLOSE |
| 12 Nov 2021 | £364,989 | £335,000 | 22 RAVENSDALE GARDENS |
| 30 Sep 2021 | £347,382 | £320,000 | 17 RAVENSDALE GARDENS |
| 17 Sep 2021 | £598,149 | £551,000 | 16 RAVEN ROAD |
| 10 Sep 2021 | £289,847 | £267,000 | 7 CRICKET CLOSE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 30 Jul 2009. Using an estimated price of £422,452 means this house is valued at £3,176 per sq meter (£295 per sq foot).
The average size of a house on RAVENSDALE GARDENS is 127 sq meters (1,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raven Road |
| Jul 2024 | Anti-social behaviour | On or near Cricket Close | |
| Jul 2024 | Anti-social behaviour | On or near Cricket Close | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cricket Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |