£696,292
This estimated value is based upon the latest sale price for the house of £500,000 on 24 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near The Meadows
More crime details
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| Price Paid | Date |
|---|---|
| £500,000 | 24 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 229 sq meters or 2,464 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £500,000 results in an estimated price of approximately £696,292.
| 24 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £500,000 | £196,292 | £696,292 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 2.699 % | £13,496 | £513,496 |
| 3 Month Average | 5.991 % | £29,953 | £529,953 |
| 6 Month Average | 27.121 % | £135,604 | £635,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £688,807 | £680,000 | 35 STUARTS GREEN |
| 28 Apr 2023 | £743,000 | £735,000 | 1 THE MEADOWS |
| 1 Apr 2022 | £659,071 | £640,000 | 24 THE MEADOWS |
| 31 Jan 2022 | £827,193 | £786,000 | 12 IRONBRIDGE WALK |
| 14 Jan 2022 | £605,135 | £575,000 | 86 REDLAKE DRIVE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 25 Apr 2013. Using an estimated price of £696,292 means this house is valued at £3,040 per sq meter (£282 per sq foot).
The average size of a house on REDLAKE DRIVE is 218 sq meters (2,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near The Meadows |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wigorn Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndale Park |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndale Park |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Polo Fields |