£90,143
This estimated value is based upon the latest sale price for the house of £73,500 on 16 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £73,500 | 16 Nov 2019 |
| £87,995 | 1 Nov 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 438 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £73,500 results in an estimated price of approximately £90,143.
| 16 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £73,500 | £16,643 | £90,143 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -14.421 % | £-10,599 | £62,900 |
| 3 Month Average | 13.160 % | £9,672 | £83,172 |
| 6 Month Average | 44.753 % | £32,893 | £106,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £115,000 | £115,000 | 31 BURTON ROAD |
| 30 Jun 2023 | £222,698 | £220,000 | 17 RIPLEY GROVE |
| 31 Jan 2023 | £91,569 | £92,000 | 42 RIPLEY GROVE |
| 25 Nov 2022 | £116,588 | £118,000 | 28 RIPLEY GROVE |
| 24 May 2022 | £93,257 | £91,500 | 46 RIPLEY GROVE |
This house has a floor area of 40 sq meters or 438 sq feet when measured on 28 Jun 2010. Using an estimated price of £90,144 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on RIPLEY GROVE is 67 sq meters (729 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripley Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripley Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripley Grove |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Burton Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Burton Road |