£630,219
This estimated value is based upon the latest sale price for the house of £340,000 on 21 Apr 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £340,000 | 21 Apr 2005 |
| Detached |
| Freehold |
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 April 2005 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 85.359%.Applying this 85.359% change to the original purchase price of £340,000 results in an estimated price of approximately £630,219.
| 21 Apr 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.0 | 85.359 % | £340,000 | £290,219 | £630,219 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 71.060 % | £241,604 | £581,604 |
| 3 Month Average | 13.729 % | £46,680 | £386,680 |
| 6 Month Average | 24.312 % | £82,660 | £422,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £570,799 | £560,000 | 125 WIDNEY LANE |
| 25 Jul 2023 | £585,539 | £580,000 | 32 SOUTHFIELDS ROAD |
| 6 Sep 2022 | £540,427 | £547,000 | 12 CLIFTON CRESCENT |
| 7 Apr 2022 | £861,538 | £840,000 | 101 WIDNEY LANE |
| 28 Jan 2022 | £319,688 | £305,000 | 48 NORTHDOWN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood Drive South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive South |