£241,459
This estimated value is based upon the latest sale price for the house of £48,000 on 16 Sep 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £48,000 | 16 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 1997 the House Price Index for WEST MIDLANDS was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £48,000 results in an estimated price of approximately £241,459.
| 16 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £48,000 | £193,459 | £241,459 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 468.609 % | £224,932 | £272,932 |
| 3 Month Average | 354.110 % | £169,972 | £217,972 |
| 6 Month Average | 340.869 % | £163,617 | £211,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £235,184 | £230,000 | 20 MORLAND ROAD |
| 22 Sep 2023 | £255,635 | £250,000 | 78 RAEBURN ROAD |
| 15 Feb 2023 | £231,547 | £230,000 | 92 RAEBURN ROAD |
| 14 Oct 2022 | £149,501 | £150,000 | 5 RIPPINGILLE ROAD |
| 24 Jun 2022 | £317,793 | £311,000 | 98 WIMPERIS WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Sep 2016. Using an estimated price of £241,460 means this house is valued at £3,095 per sq meter (£287 per sq foot).
The average size of a house on RIPPINGILLE ROAD is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rippingille Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rippingille Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Morland Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Yeames Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yeames Close |