£235,336
This estimated value is based upon the latest sale price for the house of £216,000 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £216,000 | 1 Nov 2021 |
| £110,000 | 28 Oct 2011 |
| £112,000 | 24 Mar 2005 |
| £60,000 | 16 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 855 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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £216,000 results in an estimated price of approximately £235,336.
| 1 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £216,000 | £19,336 | £235,336 |
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 | 10.112 % | £21,841 | £237,841 |
| 3 Month Average | 7.375 % | £15,929 | £231,929 |
| 6 Month Average | 9.949 % | £21,490 | £237,490 |
| 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 79 sq meters or 855 sq feet when measured on 11 Nov 2010. Using an estimated price of £235,336 means this house is valued at £2,960 per sq meter (£275 per sq foot).
The average size of a house on RIVERSDALE ROAD is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riversdale Road |
| Sep 2024 | Anti-social behaviour | On or near Daimler Road | |
| Sep 2024 | Anti-social behaviour | On or near Daimler 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 |