£196,282
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 19 Dec 2019 |
| £118,000 | 29 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £160,000 results in an estimated price of approximately £196,282.
| 19 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £160,000 | £36,282 | £196,282 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | -32.435 % | £-51,895 | £108,104 |
| 3 Month Average | 3.751 % | £6,001 | £166,001 |
| 6 Month Average | 9.035 % | £14,456 | £174,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £101,364 | £100,000 | 5 PICTON CROFT |
| 22 Jul 2022 | £165,445 | £165,000 | 37 LUMLEY GROVE |
| 1 Jul 2022 | £175,472 | £175,000 | 27 BLAIR GROVE |
| 27 Jun 2022 | £182,073 | £179,500 | 43 RAGLAN WAY |
| 10 Jun 2022 | £88,247 | £87,000 | 39 DUNSTER ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Jun 2010. Using an estimated price of £196,282 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on RAGLAN WAY is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Raglan Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Raglan Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Raglan Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Raglan Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Blair Grove |