£158,597
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 26 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £130,000 results in an estimated price of approximately £158,597.
| 26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £130,000 | £28,597 | £158,597 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 38.837 % | £50,488 | £180,488 |
| 3 Month Average | 10.026 % | £13,033 | £143,033 |
| 6 Month Average | 16.806 % | £21,847 | £151,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £243,745 | £240,000 | 56 RILEY ROAD |
| 27 Oct 2023 | £247,112 | £241,500 | 82 RIVERSDALE ROAD |
| 25 Sep 2023 | £228,027 | £223,000 | 87 RIVERSDALE ROAD |
| 30 Aug 2023 | £231,679 | £227,500 | 94 GREENALEIGH ROAD |
| 22 Jun 2023 | £211,233 | £207,000 | 50 RILEY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Mar 2020. Using an estimated price of £158,597 means this house is valued at £1,742 per sq meter (£161 per sq foot).
The average size of a house on RIVERSDALE ROAD is 81 sq meters (875 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Daimler Road | |
| Sep 2024 | Anti-social behaviour | On or near Daimler Road | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riversdale Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Willson Croft |