£271,267
This estimated value is based upon the latest sale price for the house of £214,950 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £214,950 | 27 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £214,950 results in an estimated price of approximately £271,267.
| 27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £214,950 | £56,317 | £271,267 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 29.493 % | £63,394 | £278,344 |
| 3 Month Average | 30.586 % | £65,745 | £280,695 |
| 6 Month Average | 36.390 % | £78,220 | £293,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £283,626 | £280,000 | 20 EUROPA GARDENS |
| 27 Jul 2023 | £240,233 | £237,000 | 25 RANGER DRIVE |
| 23 Jun 2023 | £222,698 | £220,000 | 16 RANGER DRIVE |
| 31 Oct 2022 | £207,763 | £210,000 | 328 STAFFORD ROAD |
| 22 Jul 2022 | £220,594 | £220,000 | 35 MERCURY DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Aug 2017. Using an estimated price of £271,267 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on RANGER DRIVE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rainbow Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Europa Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Europa Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ranger Drive |
| Feb 2024 | Anti-social behaviour | On or near Ranger Drive |