£231,871
This estimated value is based upon the latest sale price for the house of £149,000 on 4 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £149,000 | 4 Jul 2007 |
| £42,000 | 31 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 777 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.619%.Applying this 55.619% change to the original purchase price of £149,000 results in an estimated price of approximately £231,871.
| 4 Jul 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.619 % | £149,000 | £82,871 | £231,871 |
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 | 14.955 % | £22,283 | £171,283 |
| 3 Month Average | 44.212 % | £65,875 | £214,875 |
| 6 Month Average | 49.500 % | £73,754 | £222,754 |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 20 Feb 2012.
The average size of a house on RIDGACRE LANE is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Bramcote Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Meadow Road |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Warple Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Warple Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Suncroft |