£910,168
This estimated value is based upon the latest sale price for the house of £593,000 on 5 Oct 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £593,000 | 5 Oct 2007 |
| £525,000 | 3 Oct 2002 |
| £230,000 | 24 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 October 2007 the House Price Index for WEST MIDLANDS was 95.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.485%.Applying this 53.485% change to the original purchase price of £593,000 results in an estimated price of approximately £910,168.
| 5 Oct 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 146.7 | 53.485 % | £593,000 | £317,168 | £910,168 |
The Postcode Pricing Model uses changes in average sales price within the B17 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 | -64.898 % | £-384,844 | £208,155 |
| 3 Month Average | 36.963 % | £219,191 | £812,191 |
| 6 Month Average | 37.910 % | £224,808 | £817,808 |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 1 Jul 2014.
The average size of a house on RAVENHURST ROAD is 111 sq meters (1,205 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near North Gate |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near North Gate |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenrick Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Pereira Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Circle |