£114,926
This estimated value is based upon the latest sale price for the house of £100,000 on 23 Jul 2021. 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 Reddal Hill Road
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| Price Paid | Date |
|---|---|
| £100,000 | 23 Jul 2021 |
| £93,000 | 23 Aug 2019 |
| £116,150 | 27 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 July 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £100,000 results in an estimated price of approximately £114,926.
| 23 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £100,000 | £14,926 | £114,926 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 20.321 % | £20,321 | £120,321 |
| 3 Month Average | -16.593 % | £-16,592 | £83,407 |
| 6 Month Average | -3.075 % | £-3,075 | £96,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £283,433 | £280,000 | 17 BROOK LANE |
| 6 Apr 2023 | £111,197 | £110,000 | 5 CLAREMONT STREET |
| 17 Mar 2023 | £119,122 | £118,000 | 31 REDDAL HILL ROAD |
| 9 Sep 2022 | £168,638 | £170,000 | 7 CLAREMONT STREET |
| 12 Jul 2022 | £115,310 | £115,000 | 24 REDDAL HILL ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 17 Jan 2018. Using an estimated price of £114,927 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on REDDAL HILL ROAD is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Reddal Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reddal Hill Road |
| Apr 2024 | Other theft | Under investigation | On or near Claremont Street |
| Mar 2024 | Anti-social behaviour | On or near Sidaway Street | |
| Mar 2024 | Anti-social behaviour | On or near Sidaway Street |