£179,425
This estimated value is based upon the latest sale price for the house of £150,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Redstone Drive
More crime details
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| Price Paid | Date |
|---|---|
| £150,000 | 11 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £150,000 results in an estimated price of approximately £179,425.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £150,000 | £29,425 | £179,425 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 13.497 % | £20,245 | £170,245 |
| 3 Month Average | 8.725 % | £13,086 | £163,086 |
| 6 Month Average | 13.900 % | £20,849 | £170,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £199,119 | £193,000 | 116 SILVERTON WAY |
| 30 Aug 2023 | £112,020 | £110,000 | 5 KERSLEY GARDENS |
| 30 Jun 2023 | £193,885 | £190,000 | 14 REDSTONE DRIVE |
| 21 Apr 2023 | £203,812 | £200,000 | 102 SILVERTON WAY |
| 28 Feb 2023 | £85,572 | £85,000 | 16 SMALLSHIRE CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Nov 2019. Using an estimated price of £179,426 means this house is valued at £3,147 per sq meter (£292 per sq foot).
The average size of a house on KERSLEY GARDENS is 83 sq meters (893 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Redstone Drive |
| Oct 2024 | Shoplifting | Under investigation | On or near Holberg Grove |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Holberg Grove |
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Holberg Grove |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Holberg Grove |