£218,523
This estimated value is based upon the latest sale price for the house of £189,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £189,000 | 2 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £189,000 results in an estimated price of approximately £218,523.
| 2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £189,000 | £29,523 | £218,523 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 22.826 % | £43,142 | £232,142 |
| 3 Month Average | 32.483 % | £61,392 | £250,392 |
| 6 Month Average | 28.166 % | £53,233 | £242,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £187,770 | £182,000 | 46 ROMNEY WAY |
| 1 Dec 2023 | £125,868 | £122,000 | 2 CHURCHFIELDS ROMNEY WAY |
| 24 Mar 2023 | £137,293 | £135,000 | 526A QUESLETT ROAD |
| 27 Jul 2022 | £202,024 | £200,000 | 769 QUESLETT ROAD |
| 24 Feb 2022 | £248,267 | £235,000 | 5 RIVEN RISE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 8 Jan 2014. Using an estimated price of £218,524 means this house is valued at £2,664 per sq meter (£247 per sq foot).
The average size of a house on QUESLETT ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Riven Rise |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riven Rise |
| Jul 2024 | Anti-social behaviour | On or near Riven Rise | |
| Jul 2024 | Anti-social behaviour | On or near Riven Rise | |
| Jul 2024 | Anti-social behaviour | On or near Riven Rise |