£199,737
This estimated value is based upon the latest sale price for the house of £40,000 on 26 Sep 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 1997 the House Price Index for WEST MIDLANDS was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £40,000 results in an estimated price of approximately £199,737.
| 26 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £40,000 | £159,737 | £199,737 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 321.372 % | £128,548 | £168,548 |
| 3 Month Average | 322.456 % | £128,982 | £168,982 |
| 6 Month Average | 384.760 % | £153,904 | £193,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £91,990 | £91,000 | 22 DUNROSE CLOSE |
| 31 Mar 2023 | £191,807 | £190,000 | 92 MAYFLOWER DRIVE |
| 18 Nov 2022 | £189,702 | £192,000 | 98 MAYFLOWER DRIVE |
| 19 Apr 2022 | £163,738 | £159,000 | 27 RIGDALE CLOSE |
| 7 Apr 2022 | £169,917 | £165,000 | 31 RIGDALE CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Nov 2013. Using an estimated price of £199,738 means this house is valued at £2,295 per sq meter (£213 per sq foot).
The average size of a house on RIGDALE CLOSE is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Billinton Close |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Billinton Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Billinton Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Billinton Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Billinton Close |