£336,769
This estimated value is based upon the latest sale price for the house of £171,500 on 12 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £171,500 | 12 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £171,500 results in an estimated price of approximately £336,769.
| 12 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £171,500 | £165,269 | £336,769 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 151.598 % | £259,990 | £431,490 |
| 3 Month Average | 49.623 % | £85,104 | £256,604 |
| 6 Month Average | 58.168 % | £99,757 | £271,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £320,350 | £315,000 | 23 RUNNYMEDE ROAD |
| 31 Mar 2022 | £276,642 | £265,000 | 22 RUNNYMEDE ROAD |
| 4 Feb 2022 | £201,783 | £191,000 | 48 LEOMINSTER ROAD |
| 28 Jan 2022 | £381,671 | £360,000 | 83 RUNNYMEDE ROAD |
| 20 Jan 2022 | £278,832 | £263,000 | 33 RUNNYMEDE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 4 Mar 2016. Using an estimated price of £336,770 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on RUNNYMEDE ROAD is 115 sq meters (1,242 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Runnymede Road |
| Jul 2024 | Anti-social behaviour | On or near Leominster Road | |
| Jul 2024 | Anti-social behaviour | On or near Leominster Road | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leominster Road |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Leominster Road |