£730,356
This estimated value is based upon the latest sale price for the house of £535,000 on 1 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Richmond Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £535,000 | 1 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 February 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £535,000 results in an estimated price of approximately £730,356.
| 1 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £535,000 | £195,356 | £730,356 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -21.899 % | £-117,157 | £417,842 |
| 3 Month Average | 36.220 % | £193,778 | £728,778 |
| 6 Month Average | 32.738 % | £175,148 | £710,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £558,265 | £550,000 | 7 MORNINGSIDE |
| 28 Feb 2023 | £579,610 | £580,000 | ROCHFORD HOUSE, 17C TUDOR HILL |
| 5 Jan 2023 | £895,780 | £900,000 | 22 TUDOR HILL |
| 14 Apr 2022 | £731,157 | £710,000 | 39 TUDOR HILL |
| 26 Jan 2022 | £668,279 | £635,000 | 9 MORNINGSIDE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 17 Oct 2015. Using an estimated price of £730,356 means this house is valued at £4,901 per sq meter (£455 per sq foot).
The average size of a house on MORNINGSIDE is 194 sq meters (2,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Clifton Road |