£196,978
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Oct 2015. 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 Riverside Crescent
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| Price Paid | Date |
|---|---|
| £140,000 | 30 Oct 2015 |
| £105,000 | 29 Nov 2002 |
| £53,500 | 9 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 654 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 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £140,000 results in an estimated price of approximately £196,978.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £140,000 | £56,978 | £196,978 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 23.508 % | £32,910 | £172,910 |
| 3 Month Average | 16.039 % | £22,454 | £162,454 |
| 6 Month Average | 60.561 % | £84,784 | £224,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £151,839 | £150,000 | 2 PRIORY GARDENS |
| 22 Mar 2023 | £170,607 | £169,000 | 79 RAVENSHILL ROAD |
| 16 Mar 2023 | £262,473 | £260,000 | 70 PRIORY ROAD |
| 23 Nov 2022 | £145,735 | £147,500 | 4 PRIORY GARDENS |
| 27 Jun 2022 | £147,079 | £145,000 | 3 PRIORY GARDENS |
This house has a floor area of 60 sq meters or 654 sq feet when measured on 30 Jul 2011. Using an estimated price of £196,978 means this house is valued at £3,239 per sq meter (£300 per sq foot).
The average size of a house on RIVERSIDE CRESCENT is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riverside Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riverside Crescent |
| Feb 2024 | Burglary | Under investigation | On or near Riverside Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priory Gardens |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Priory Gardens |