£236,831
This estimated value is based upon the latest sale price for the house of £151,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£151,000 | 3 Oct 2014 |
£147,000 | 12 May 2006 |
£124,000 | 16 Jun 2004 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 2014 the House Price Index for WEST MIDLANDS was 66.5.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 56.842%.Applying this 56.842% change to the original purchase price of £151,000 results in an estimated price of approximately £236,831.
3 Oct 2014 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.5 | 104.3 | 56.842 % | £151,000 | £85,831 | £236,831 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 142.406 % | £215,032 | £366,032 |
3 Month Average | 90.769 % | £137,060 | £288,060 |
6 Month Average | 71.516 % | £107,988 | £258,988 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £99,006 | £93,500 | 140 RIDGE LANE |
12 May 2023 | £264,990 | £250,000 | 10 THOMAS MASON CLOSE |
4 Nov 2022 | £207,356 | £200,000 | 25 PRESTWOOD AVENUE |
27 May 2022 | £251,648 | £235,000 | 84 PRESTWOOD AVENUE |
27 May 2022 | £230,231 | £215,000 | 53 DUCKHOUSE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 May 2014. Using an estimated price of £236,832 means this house is valued at £3,036 per sq meter (£282 per sq foot).
The average size of a house on RIDGE LANE is 84 sq meters (910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Ridge Lane |
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Prestwood Avenue |
Mar 2025 | Public order | Under investigation | On or near Prestwood Avenue |
Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Duckhouse Road |
Jan 2025 | Other theft | Unable to prosecute suspect | On or near Thomas Mason Close |