£242,228
This estimated value is based upon the latest sale price for the house of £118,500 on 21 Apr 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £118,500 | 21 Apr 2004 |
| £57,950 | 7 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 April 2004 the House Price Index for WEST MIDLANDS was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £118,500 results in an estimated price of approximately £242,228.
| 21 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £118,500 | £123,728 | £242,228 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 67.258 % | £79,700 | £198,200 |
| 3 Month Average | 39.382 % | £46,668 | £165,168 |
| 6 Month Average | 64.019 % | £75,861 | £194,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £202,590 | £200,000 | 9 ASTLEY CLOSE |
| 14 Jul 2023 | £226,042 | £223,000 | 14 CROWNMEADOW DRIVE |
| 13 Jul 2023 | £273,683 | £270,000 | 232 TOLL END ROAD |
| 23 Jun 2023 | £228,771 | £226,000 | 3 RATCLIFF WAY |
| 26 Sep 2022 | £173,598 | £175,000 | 15 CROWNMEADOW DRIVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 12 Dec 2014. Using an estimated price of £242,228 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on RATCLIFF WAY is 86 sq meters (932 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Newells Drive |
| Dec 2023 | Possession of weapons | Investigation complete; no suspect identified | On or near Devey Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Worsey Drive |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Solly Grove |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Moors Mill Lane |