£259,222
This estimated value is based upon the latest sale price for the house of £154,950 on 13 Aug 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Richmond Place
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| Price Paid | Date |
|---|---|
| £154,950 | 13 Aug 2010 |
| £95,000 | 18 Jan 2002 |
| £56,950 | 5 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 668 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 August 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.294%.Applying this 67.294% change to the original purchase price of £154,950 results in an estimated price of approximately £259,222.
| 13 Aug 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 146.7 | 67.294 % | £154,950 | £104,272 | £259,222 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 40.014 % | £62,001 | £216,951 |
| 3 Month Average | 45.223 % | £70,072 | £225,022 |
| 6 Month Average | 60.965 % | £94,465 | £249,415 |
This house has a floor area of 62 sq meters or 668 sq feet when measured on 27 Apr 2010.
The average size of a house on RICHMOND PLACE is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richmond Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Place |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gaddesby Road |