£259,022
This estimated value is based upon the latest sale price for the house of £173,000 on 14 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£173,000 | 14 Nov 2014 |
£152,000 | 26 Aug 2010 |
Terraced |
Freehold |
Floor Area: 135 sq meters or 1,453 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £173,000 results in an estimated price of approximately £259,022.
14 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £173,000 | £86,022 | £259,022 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 13.001 % | £22,491 | £195,491 |
3 Month Average | 9.253 % | £16,008 | £189,008 |
6 Month Average | 44.876 % | £77,636 | £250,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £111,653 | £110,000 | FLAT 2 19 LYSWAYS STREET |
3 Nov 2023 | £131,954 | £130,000 | 1A DOVERIDGE PLACE |
1 Aug 2023 | £201,765 | £200,000 | 1 SANDWELL VILLAS |
6 Jul 2023 | £131,774 | £130,000 | FLAT 1 41 LYSWAYS STREET |
16 Sep 2022 | £59,023 | £59,500 | FLAT 3 19 LYSWAYS STREET |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 13 Jan 2010. Using an estimated price of £259,023 means this house is valued at £1,918 per sq meter (£178 per sq foot).
The average size of a house on RIDGEWOOD CLOSE is 158 sq meters (1,700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ridgewood Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ridgewood Close |
Jan 2024 | Robbery | Under investigation | On or near Ridgewood Close |
Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Ridgewood Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drayman Close |