£212,857
This estimated value is based upon the latest sale price for the house of £110,000 on 6 Jun 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,000 | 6 Jun 2005 |
Semi-Detached |
Freehold |
Floor Area: 161 sq meters or 1,732 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 June 2005 the House Price Index for WEST MIDLANDS was 53.9.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 93.506%.Applying this 93.506% change to the original purchase price of £110,000 results in an estimated price of approximately £212,857.
6 Jun 2005 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.9 | 104.3 | 93.506 % | £110,000 | £102,857 | £212,857 |
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 | 120.140 % | £132,153 | £242,153 |
3 Month Average | 125.215 % | £137,736 | £247,736 |
6 Month Average | 102.335 % | £112,568 | £222,568 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2025 | £289,440 | £285,000 | 162 WOOD END ROAD |
2 Oct 2024 | £229,231 | £220,000 | 69 MATTOX ROAD |
15 Dec 2023 | £305,058 | £283,999 | 178 WOOD END ROAD |
16 Jun 2023 | £99,006 | £93,500 | 140 RIDGE LANE |
12 May 2023 | £264,990 | £250,000 | 10 THOMAS MASON CLOSE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 27 Mar 2013. Using an estimated price of £212,857 means this house is valued at £1,322 per sq meter (£122 per sq foot).
The average size of a house on RIDGE LANE is 84 sq meters (910 sq feet).
This house is the largest in the street with a floor area of 161 sq meters (1,732 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Ridge Lane |
Jan 2025 | Public order | Unable to prosecute suspect | On or near Thomas Mason Close |
Jan 2025 | Other theft | Unable to prosecute suspect | On or near Thomas Mason Close |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Moathouse Lane West |
Feb 2025 | Anti-social behaviour | On or near Moathouse Lane West |