£88,842
This estimated value is based upon the latest sale price for the house of £69,950 on 31 Aug 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 Redwood Road
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| Price Paid | Date |
|---|---|
| £69,950 | 31 Aug 2017 |
| Leasehold |
| Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £69,950 results in an estimated price of approximately £88,842.
| 31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £69,950 | £18,892 | £88,842 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 3.518 % | £2,460 | £72,410 |
| 3 Month Average | 36.697 % | £25,669 | £95,619 |
| 6 Month Average | 27.263 % | £19,070 | £89,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £345,523 | £342,500 | 9 LUPIN GROVE |
| 10 Feb 2023 | £210,858 | £211,000 | 24 DEIGHTON ROAD |
| 31 Jan 2023 | £179,156 | £180,000 | 19 BRAMLEY ROAD |
| 27 Jan 2023 | £218,969 | £220,000 | 17 CEDAR CLOSE |
| 12 Jan 2023 | £233,898 | £235,000 | 10 REDWOOD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Feb 2014. Using an estimated price of £88,843 means this house is valued at £871 per sq meter (£80 per sq foot).
The average size of a house on REDWOOD ROAD is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redwood Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Redwood Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Redwood Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Redwood Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Deighton Road |