£221,849
This estimated value is based upon the latest sale price for the house of £189,950 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £189,950 | 20 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £189,950 results in an estimated price of approximately £221,849.
| 20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £189,950 | £31,899 | £221,849 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 21.915 % | £41,626 | £231,576 |
| 3 Month Average | 22.609 % | £42,946 | £232,896 |
| 6 Month Average | 21.557 % | £40,947 | £230,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 May 2024 | £270,000 | £270,000 | 9 RIPPLE ROAD |
| 24 Nov 2023 | £306,274 | £298,500 | 48 TWYNING ROAD |
| 22 Sep 2023 | £224,959 | £220,000 | 2 RIPPLE ROAD |
| 22 Aug 2023 | £269,867 | £265,000 | 241 CARTLAND ROAD |
| 6 Apr 2023 | £254,765 | £250,000 | 52 TWYNING ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 7 Oct 2019. Using an estimated price of £221,849 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on RIPPLE ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ripple Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ripple Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ripple Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Ripple Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ripple Road |