£308,816
This estimated value is based upon the latest sale price for the house of £67,500 on 26 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £67,500 | 26 Nov 1998 |
| £71,000 | 4 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.505%.Applying this 357.505% change to the original purchase price of £67,500 results in an estimated price of approximately £308,816.
| 26 Nov 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.505 % | £67,500 | £241,316 | £308,816 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 209.797 % | £141,612 | £209,112 |
| 3 Month Average | 295.921 % | £199,746 | £267,246 |
| 6 Month Average | 283.343 % | £191,256 | £258,756 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Mar 2020.
The average size of a house on REA VALLEY DRIVE is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Awaiting court outcome | On or near Dice Pleck |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Staple Lodge Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Staple Lodge Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Staple Lodge Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Staple Lodge Road |