£406,785
This estimated value is based upon the latest sale price for the house of £246,000 on 28 Aug 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £246,000 | 28 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 August 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £246,000 results in an estimated price of approximately £406,785.
| 28 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £246,000 | £160,785 | £406,785 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 53.774 % | £132,283 | £378,283 |
| 3 Month Average | -3.795 % | £-9,335 | £236,664 |
| 6 Month Average | 25.437 % | £62,574 | £308,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £159,394 | £158,000 | 3A KING GEORGE CRESCENT |
| 28 Apr 2023 | £226,438 | £224,000 | 136A LICHFIELD ROAD |
| 28 Apr 2023 | £168,818 | £167,000 | 57 KING GEORGE CRESCENT |
| 23 Jun 2022 | £284,014 | £280,000 | 37 KING GEORGE CRESCENT |
| 30 Mar 2022 | £190,672 | £184,000 | 20 KING GEORGE CRESCENT |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 17 Jul 2013. Using an estimated price of £406,786 means this house is valued at £3,334 per sq meter (£309 per sq foot).
The average size of a house on REDMIRES CLOSE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Redmires Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lichfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lichfield Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lichfield Road |