£301,238
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 28 Feb 2017 |
| £40,000 | 31 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £230,000 results in an estimated price of approximately £301,238.
| 28 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £230,000 | £71,238 | £301,238 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 68.338 % | £157,178 | £387,178 |
| 3 Month Average | 64.685 % | £148,775 | £378,775 |
| 6 Month Average | 27.629 % | £63,547 | £293,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Aug 2024 | £315,000 | £315,000 | 1A RUNNYMEDE ROAD |
| 3 Mar 2023 | £320,350 | £315,000 | 23 RUNNYMEDE ROAD |
| 25 Aug 2022 | £138,648 | £138,000 | 136 LEOMINSTER ROAD |
| 31 Mar 2022 | £276,642 | £265,000 | 22 RUNNYMEDE ROAD |
| 4 Feb 2022 | £201,783 | £191,000 | 48 LEOMINSTER ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 1 Dec 2015. Using an estimated price of £301,239 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on RUNNYMEDE ROAD is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Leominster Road |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Leominster Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leominster Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leominster Road |
| Jul 2024 | Anti-social behaviour | On or near Leominster Road |