£103,975
This estimated value is based upon the latest sale price for the house of £41,000 on 6 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £41,000 | 6 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 December 2002 the House Price Index for WEST MIDLANDS was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £41,000 results in an estimated price of approximately £103,975.
| 6 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £41,000 | £62,975 | £103,975 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 119.596 % | £49,034 | £90,034 |
| 3 Month Average | 150.210 % | £61,586 | £102,586 |
| 6 Month Average | 162.029 % | £66,431 | £107,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £78,157 | £77,000 | FLAT 14 STUART COURT BELL GREEN ROAD |
| 28 Apr 2023 | £77,838 | £77,000 | FLAT 1 STUART COURT BELL GREEN ROAD |
| 9 Jan 2023 | £119,437 | £120,000 | 31 BELL GREEN ROAD |
| 6 May 2022 | £178,361 | £175,000 | 31 TACKFORD ROAD |
| 3 May 2022 | £197,216 | £193,500 | 20 NUFFIELD ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 7 Nov 2014. Using an estimated price of £103,976 means this house is valued at £770 per sq meter (£71 per sq foot).
The average size of a house on REDRUTH CLOSE is 105 sq meters (1,130 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redruth Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redruth Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Redruth Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redruth Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redruth Close |