£900,251
This estimated value is based upon the latest sale price for the house of £880,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £880,000 | 31 Mar 2022 |
| £430,000 | 7 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £880,000 results in an estimated price of approximately £900,251.
| 31 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £880,000 | £20,251 | £900,251 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 106.509 % | £937,277 | £1,817,277 |
| 3 Month Average | -25.869 % | £-227,648 | £652,351 |
| 6 Month Average | -14.140 % | £-124,432 | £755,567 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 27 Jul 2021.
The average size of a house on RICHMOND HILL ROAD is 134 sq meters (1,450 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Hill Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mead Rise |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mead Rise |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrison'S Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harrison'S Road |