£344,748
This estimated value is based upon the latest sale price for the house of £270,000 on 28 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £270,000 | 28 Sep 2017 |
| £225,000 | 20 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £270,000 results in an estimated price of approximately £344,748.
| 28 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £270,000 | £74,748 | £344,748 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 13.364 % | £36,083 | £306,083 |
| 3 Month Average | 21.540 % | £58,158 | £328,158 |
| 6 Month Average | 30.753 % | £83,033 | £353,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £330,071 | £325,000 | 14 RATCLIFFE AVENUE |
| 15 Sep 2023 | £144,178 | £141,000 | APARTMENT 4 75 RATCLIFFE AVENUE |
| 11 Sep 2023 | £176,900 | £173,000 | APARTMENT 5 55 ST FRANCIS DRIVE |
| 30 Mar 2023 | £315,265 | £310,000 | 43 RATCLIFFE AVENUE |
| 8 Jul 2022 | £305,057 | £302,000 | 18 RATCLIFFE AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 31 Mar 2016. Using an estimated price of £344,749 means this house is valued at £2,946 per sq meter (£273 per sq foot).
The average size of a house on RATCLIFFE AVENUE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Collingwood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Collingwood Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Francis Drive |
| Aug 2024 | Anti-social behaviour | On or near St Francis Drive | |
| Aug 2024 | Anti-social behaviour | On or near St Francis Drive |