£409,581
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Jul 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 12 Jul 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,083 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 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £240,000 results in an estimated price of approximately £409,581.
| 12 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £240,000 | £169,581 | £409,581 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 25.613 % | £61,470 | £301,470 |
| 3 Month Average | 57.837 % | £138,809 | £378,809 |
| 6 Month Average | 50.741 % | £121,778 | £361,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £3,061 | £3,000 | 29 OLDWAY DRIVE |
| 9 Jun 2023 | £321,442 | £315,000 | 41 RIVERSIDE DRIVE |
| 1 Feb 2023 | £307,051 | £305,000 | 32 RIVERSIDE DRIVE |
| 19 Aug 2022 | £341,597 | £340,000 | 33 RIVERSIDE DRIVE |
| 22 Jul 2022 | £303,036 | £300,000 | 35 RIVERSIDE DRIVE |
This house has a floor area of 100 sq meters or 1,083 sq feet when measured on 6 Feb 2010. Using an estimated price of £409,582 means this house is valued at £4,070 per sq meter (£378 per sq foot).
The average size of a house on RIVERSIDE DRIVE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park/Open Space |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Park/Open Space |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gentleshaw Lane |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gentleshaw Lane |