£889,670
This estimated value is based upon the latest sale price for the house of £525,000 on 6 Aug 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Richmond Road
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| Price Paid | Date |
|---|---|
| £525,000 | 6 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,212 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 August 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £525,000 results in an estimated price of approximately £889,670.
| 6 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £525,000 | £364,670 | £889,670 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -12.290 % | £-64,521 | £460,478 |
| 3 Month Average | 39.632 % | £208,069 | £733,069 |
| 6 Month Average | 45.271 % | £237,674 | £762,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £310,432 | £305,000 | 8 LYNDON ROAD |
| 31 Jul 2023 | £334,502 | £330,000 | 18 TUDOR ROAD |
| 23 Aug 2022 | £658,228 | £660,000 | 4 LINDENWOOD |
| 5 Aug 2022 | £356,540 | £357,500 | 13 LYNDON ROAD |
| 1 Apr 2022 | £324,387 | £315,000 | 36 LYNDON ROAD |
This house has a floor area of 112 sq meters or 1,212 sq feet when measured on 15 Jun 2010. Using an estimated price of £889,671 means this house is valued at £7,898 per sq meter (£733 per sq foot).
The average size of a house on LINDENWOOD is 197 sq meters (2,127 sq feet).
This house is the smallest in the street with a floor area of 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Richmond Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Clifton Road |