£453,678
This estimated value is based upon the latest sale price for the house of £369,950 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £369,950 | 25 Oct 2019 |
| £315,000 | 29 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 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 22.632%.Applying this 22.632% change to the original purchase price of £369,950 results in an estimated price of approximately £453,678.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £369,950 | £83,728 | £453,678 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 9.315 % | £34,461 | £404,411 |
| 3 Month Average | -32.537 % | £-120,372 | £249,577 |
| 6 Month Average | -6.411 % | £-23,719 | £346,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £520,657 | £514,000 | 66 RAVENSWOOD DRIVE SOUTH |
| 3 Jul 2023 | £460,194 | £454,000 | 31 RAVENSWOOD DRIVE SOUTH |
| 14 Sep 2022 | £496 | £500 | 53 RAVENSWOOD DRIVE SOUTH |
| 8 Jul 2022 | £496,336 | £495,000 | 90 WIDNEY LANE |
| 7 Jul 2022 | £431,161 | £430,000 | 61 RAVENSWOOD DRIVE SOUTH |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Jan 2019. Using an estimated price of £453,678 means this house is valued at £5,337 per sq meter (£495 per sq foot).
The average size of a house on RAVENSWOOD DRIVE SOUTH is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood Drive South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive South |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Ravenswood Drive South |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive |