£242,017
This estimated value is based upon the latest sale price for the house of £227,500 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Richmond Place
More crime details
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| Price Paid | Date |
|---|---|
| £227,500 | 30 Sep 2021 |
| £95,000 | 12 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 682 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £227,500 results in an estimated price of approximately £242,017.
| 30 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £227,500 | £14,517 | £242,017 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 11.036 % | £25,106 | £252,606 |
| 3 Month Average | 1.396 % | £3,176 | £230,676 |
| 6 Month Average | 6.596 % | £15,005 | £242,505 |
This house has a floor area of 63 sq meters or 682 sq feet when measured on 12 Oct 2009.
The average size of a house on RICHMOND PLACE is 84 sq meters (908 sq feet).
This house is the largest in the street with a floor area of 63 sq meters (682 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Place |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaddesby Road |