£117,014
This estimated value is based upon the latest sale price for the house of £68,000 on 16 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 16 Sep 2011 |
| £74,950 | 29 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 656 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.080%.Applying this 72.080% change to the original purchase price of £68,000 results in an estimated price of approximately £117,014.
| 16 Sep 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.080 % | £68,000 | £49,014 | £117,014 |
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 | 68.354 % | £46,480 | £114,480 |
| 3 Month Average | 54.955 % | £37,369 | £105,369 |
| 6 Month Average | 69.921 % | £47,546 | £115,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £131,691 | £130,000 | 14 RANBY ROAD |
| 31 Aug 2023 | £143,372 | £142,500 | 74 HIGHFIELD ROAD |
| 3 Apr 2023 | £105,786 | £105,000 | 76 HIGHFIELD ROAD |
| 3 Feb 2023 | £139,341 | £140,000 | 4 RANBY ROAD |
| 9 Jan 2023 | £118,955 | £120,000 | 188 NICHOLLS STREET |
This house has a floor area of 60 sq meters or 656 sq feet when measured on 5 Aug 2009. Using an estimated price of £117,015 means this house is valued at £1,919 per sq meter (£178 per sq foot).
The average size of a house on RANBY ROAD is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ranby Road |
| Mar 2024 | Anti-social behaviour | On or near Ranby Road | |
| Mar 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Anti-social behaviour | On or near Ranby Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranby Road |