£246,967
This estimated value is based upon the latest sale price for the house of £227,500 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £227,500 | 10 Sep 2021 |
| £45,000 | 1 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £227,500 results in an estimated price of approximately £246,967.
| 10 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £227,500 | £19,467 | £246,967 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 68.608 % | £156,083 | £383,583 |
| 3 Month Average | 9.821 % | £22,342 | £249,842 |
| 6 Month Average | 3.943 % | £8,970 | £236,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £107,878 | £105,500 | 108 STOURBRIDGE ROAD |
| 31 Aug 2023 | £213,857 | £210,000 | 73 WINDSOR ROAD |
| 29 Aug 2023 | £229,133 | £225,000 | 27 WINDSOR ROAD |
| 29 Aug 2023 | £208,765 | £205,000 | 2 REGENT CLOSE |
| 18 Aug 2023 | £259,684 | £255,000 | 8 HIGH LEASOWES |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 11 Jun 2021. Using an estimated price of £246,967 means this house is valued at £2,975 per sq meter (£276 per sq foot).
The average size of a house on RICHMOND STREET is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
| Jul 2024 | Shoplifting | Under investigation | On or near Victoria Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Victoria Street |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Street |