£366,813
This estimated value is based upon the latest sale price for the house of £290,000 on 9 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £290,000 | 9 Jun 2017 |
| Semi-Detached |
| Leasehold |
| 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £290,000 results in an estimated price of approximately £366,813.
| 9 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £290,000 | £76,813 | £366,813 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 43.858 % | £127,187 | £417,187 |
| 3 Month Average | 44.054 % | £127,755 | £417,755 |
| 6 Month Average | 34.455 % | £99,919 | £389,919 |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 14 Feb 2017.
The average size of a house on REDDICAP HEATH ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Newdigate Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stephens Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Stephens Road |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Anti-social behaviour | On or near Sports/Recreation Area |