£163,606
This estimated value is based upon the latest sale price for the house of £160,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 15 Sep 2023 |
| £139,500 | 23 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £160,000 results in an estimated price of approximately £163,606.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £160,000 | £3,606 | £163,606 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 135.086 % | £216,138 | £376,138 |
| 3 Month Average | 7.539 % | £12,062 | £172,062 |
| 6 Month Average | 1.671 % | £2,674 | £162,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £157,579 | £154,000 | APARTMENT 3 KINGSOAK COURT, 111 REDDICAP HEATH ROAD |
| 29 Sep 2023 | £155,426 | £152,000 | APARTMENT 6 THE BOWLING GREEN 4A REDDICAP HEATH ROAD |
| 15 Sep 2023 | £163,607 | £160,000 | APARTMENT 5 THE BOWLING GREEN 4A REDDICAP HEATH ROAD |
| 26 Apr 2023 | £366,862 | £360,000 | 1 HOLLYFIELD ROAD SOUTH |
| 6 Jan 2023 | £280,750 | £280,000 | 24 WALSH DRIVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Jan 2020. Using an estimated price of £163,607 means this house is valued at £2,556 per sq meter (£237 per sq foot).
The average size of a house on REDDICAP HEATH ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Stanley Avenue |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stanley Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanley Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |