£522,804
This estimated value is based upon the latest sale price for the house of £386,000 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £386,000 | 29 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £386,000 results in an estimated price of approximately £522,804.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £386,000 | £136,804 | £522,804 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 83.050 % | £320,574 | £706,574 |
| 3 Month Average | 64.018 % | £247,110 | £633,110 |
| 6 Month Average | 53.011 % | £204,622 | £590,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Nov 2021 | £362,307 | £335,000 | 22 RAVENSDALE GARDENS |
| 30 Sep 2021 | £344,830 | £320,000 | 17 RAVENSDALE GARDENS |
| 17 Sep 2021 | £593,753 | £551,000 | 16 RAVEN ROAD |
| 10 Sep 2021 | £287,717 | £267,000 | 7 CRICKET CLOSE |
| 28 Jul 2021 | £367,765 | £320,000 | 20 RAVENSDALE GARDENS |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 20 Feb 2016. Using an estimated price of £522,804 means this house is valued at £3,556 per sq meter (£330 per sq foot).
The average size of a house on RAVENSDALE GARDENS is 127 sq meters (1,372 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Raven Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Parking Area |