£1,085,933
This estimated value is based upon the latest sale price for the house of £875,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £875,000 | 8 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 232 sq meters or 2,497 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £875,000 results in an estimated price of approximately £1,085,933.
| 8 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £875,000 | £210,933 | £1,085,933 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | -50.721 % | £-443,812 | £431,187 |
| 3 Month Average | 1.614 % | £14,120 | £889,120 |
| 6 Month Average | 6.958 % | £60,879 | £935,879 |
This house has a floor area of 232 sq meters or 2,497 sq feet when measured on 14 Jan 2016.
There is one other house on the street which we know the size of, this is 3 RAVENSWOOD it is 182.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Ravenswood |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Gilchrist Drive |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gilchrist Drive |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Gilchrist Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gilchrist Drive |