£453,698
This estimated value is based upon the latest sale price for the house of £346,000 on 2 Dec 2016. 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 |
|---|---|
| £346,000 | 2 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £346,000 results in an estimated price of approximately £453,698.
| 2 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £346,000 | £107,698 | £453,698 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 27.890 % | £96,501 | £442,501 |
| 3 Month Average | 14.238 % | £49,263 | £395,263 |
| 6 Month Average | 12.724 % | £44,023 | £390,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £349,108 | £343,000 | 46 RICHMOND ROAD |
| 1 Sep 2023 | £379,857 | £375,000 | 79 BRAEMAR ROAD |
| 9 Jun 2023 | £490,947 | £485,000 | 25 RICHMOND ROAD |
| 29 Apr 2023 | £288,102 | £285,000 | 11 BARRINGTON ROAD |
| 10 Mar 2023 | £423,995 | £420,000 | 5 RICHMOND ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 11 May 2016. Using an estimated price of £453,698 means this house is valued at £2,783 per sq meter (£258 per sq foot).
The average size of a house on RICHMOND ROAD is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rushbrook Close |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Rushbrook Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rushbrook Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Barrington Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Barrington Road |