£506,101
This estimated value is based upon the latest sale price for the house of £385,000 on 21 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £385,000 | 21 Jul 2016 |
| £310,000 | 30 Sep 2004 |
| £126,000 | 5 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £385,000 results in an estimated price of approximately £506,101.
| 21 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £385,000 | £121,101 | £506,101 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 21.066 % | £81,102 | £466,102 |
| 3 Month Average | 11.092 % | £42,704 | £427,704 |
| 6 Month Average | 22.022 % | £84,782 | £469,782 |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 10 May 2016.
The average size of a house on RUSSELL BANK ROAD is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramble Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hook Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hook Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hook Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hook Drive |