£225,585
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Aug 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 28 Aug 2009 |
| £52,000 | 21 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 950 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 August 2009 the House Price Index for WEST MIDLANDS was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £125,000 results in an estimated price of approximately £225,585.
| 28 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £125,000 | £100,585 | £225,585 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 35.707 % | £44,634 | £169,634 |
| 3 Month Average | 64.133 % | £80,166 | £205,166 |
| 6 Month Average | 67.982 % | £84,977 | £209,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £183,205 | £180,000 | APARTMENT 19 HADLEY LODGE, 25 QUINTON LANE |
| 4 Jul 2023 | £167,251 | £165,000 | APARTMENT 33 HADLEY LODGE, 25 QUINTON LANE |
| 20 Jan 2023 | £174,180 | £175,000 | APARTMENT 32 HADLEY LODGE, 25 QUINTON LANE |
| 18 Jul 2022 | £172,966 | £172,500 | APARTMENT 21 HADLEY LODGE, 25 QUINTON LANE |
| 15 Jul 2022 | £210,567 | £210,000 | 33 OVERDALE ROAD |
This house has a floor area of 88 sq meters or 950 sq feet when measured on 14 May 2009. Using an estimated price of £225,586 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on RIDGACRE ROAD is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |