£1,441,750
This estimated value is based upon the latest sale price for the house of £1,170,000 on 22 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Richmond Hill Gardens
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| Price Paid | Date |
|---|---|
| £1,170,000 | 22 Nov 2018 |
| £780,000 | 16 Jul 2010 |
| Detached |
| Freehold |
| Floor Area: 217 sq meters or 2,335 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £1,170,000 results in an estimated price of approximately £1,441,750.
| 22 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £1,170,000 | £271,750 | £1,441,750 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 25.139 % | £294,130 | £1,464,130 |
| 3 Month Average | -30.190 % | £-353,225 | £816,774 |
| 6 Month Average | 12.794 % | £149,691 | £1,319,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £216,772 | £214,000 | FLAT 32 HIGHPOINT RICHMOND HILL ROAD |
| 11 Aug 2023 | £159,899 | £158,500 | 94 HIGHPOINT RICHMOND HILL ROAD |
| 17 Jul 2023 | £610,720 | £602,500 | 1 PETERSHAM PLACE |
| 23 Jun 2023 | £217,636 | £215,000 | 42 HIGH POINT RICHMOND HILL ROAD |
| 10 Mar 2023 | £681,420 | £675,000 | 3 PETERSHAM PLACE |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 23 Feb 2018. Using an estimated price of £1,441,751 means this house is valued at £6,644 per sq meter (£617 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Richmond Hill Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Hill Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Hill Gardens |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Harrisons Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harrisons Green |