£153,569
This estimated value is based upon the latest sale price for the house of £90,500 on 6 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,500 | 6 Jan 2012 |
| £149,000 | 31 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 590 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £90,500 results in an estimated price of approximately £153,569.
| 6 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £90,500 | £63,069 | £153,569 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 115.744 % | £104,748 | £195,248 |
| 3 Month Average | 64.441 % | £58,318 | £148,818 |
| 6 Month Average | 66.698 % | £60,361 | £150,861 |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 1 Apr 2011.
The average size of a house on RICHES STREET is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Edmund'S Close |
| Mar 2024 | Anti-social behaviour | On or near St Edmund'S Close | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Edmund'S Close |
| Mar 2024 | Other theft | Under investigation | On or near St Edmund'S Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Edmund'S Close |