£973,204
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 25 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 178 sq meters or 1,915 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 November 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £210,000 results in an estimated price of approximately £973,204.
| 25 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £210,000 | £763,204 | £973,204 |
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 | 321.701 % | £675,571 | £885,571 |
| 3 Month Average | 270.546 % | £568,145 | £778,145 |
| 6 Month Average | 310.854 % | £652,792 | £862,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £320,610 | £315,000 | 36 CARTERS LANE |
| 18 Aug 2023 | £494,325 | £490,000 | 28 RADDENS ROAD |
| 21 Jul 2023 | £506,821 | £500,000 | 32 RADDENS ROAD |
| 2 Jun 2023 | £354,292 | £350,000 | 86 CARTERS LANE |
| 28 Feb 2023 | £422,815 | £423,100 | 53 RADDENS ROAD |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 7 Sep 2015. Using an estimated price of £973,204 means this house is valued at £5,467 per sq meter (£507 per sq foot).
The average size of a house on RADDENS ROAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carter'S Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Carter'S Lane |
| Mar 2024 | Public order | Under investigation | On or near Carter'S Lane |
| Mar 2024 | Public order | Under investigation | On or near Carter'S Lane |