£157,165
This estimated value is based upon the latest sale price for the house of £124,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Ramsey Close
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| Price Paid | Date |
|---|---|
| £124,000 | 29 Sep 2017 |
| £85,000 | 4 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 949 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £124,000 results in an estimated price of approximately £157,165.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £124,000 | £33,165 | £157,165 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -6.710 % | £-8,320 | £115,679 |
| 3 Month Average | 16.765 % | £20,789 | £144,789 |
| 6 Month Average | 41.265 % | £51,168 | £175,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £193,384 | £190,000 | 15 BROGDEN CLOSE |
| 8 Dec 2023 | £168,142 | £165,200 | 25 TOMPSTONE ROAD |
| 24 Aug 2023 | £398,486 | £395,000 | 134 WATER LANE |
| 13 Jul 2023 | £146,978 | £145,000 | 44 TOMPSTONE ROAD |
| 31 Mar 2023 | £161,522 | £160,000 | 18 RAMSEY CLOSE |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 8 Feb 2010. Using an estimated price of £157,166 means this house is valued at £1,781 per sq meter (£165 per sq foot).
The average size of a house on RAMSEY CLOSE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Ramsey Close |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Brogden Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Brogden Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsty Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gorsty Close |