£189,561
This estimated value is based upon the latest sale price for the house of £110,000 on 13 Nov 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 13 Nov 2009 |
| £102,000 | 22 Mar 2004 |
| £102,000 | 22 Mar 2004 |
| £37,000 | 22 Oct 1999 |
| Terraced |
| Leasehold |
| Floor Area: 97 sq meters or 1,052 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 2009 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.329%.Applying this 72.329% change to the original purchase price of £110,000 results in an estimated price of approximately £189,561.
| 13 Nov 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 146.7 | 72.329 % | £110,000 | £79,561 | £189,561 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 122.855 % | £135,140 | £245,140 |
| 3 Month Average | 70.758 % | £77,834 | £187,834 |
| 6 Month Average | 48.946 % | £53,840 | £163,840 |
This house has a floor area of 97 sq meters or 1,052 sq feet when measured on 21 Jul 2009.
The average size of a house on REDBANK AVENUE is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Redbank Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Redbank Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Mere Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Mere Road |
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Mere Road |