£350,653
This estimated value is based upon the latest sale price for the house of £272,500 on 19 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £272,500 | 19 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 May 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £272,500 results in an estimated price of approximately £350,653.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £272,500 | £78,153 | £350,653 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 0.852 % | £2,321 | £274,821 |
| 3 Month Average | -28.755 % | £-78,356 | £194,143 |
| 6 Month Average | -10.079 % | £-27,465 | £245,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £520,657 | £514,000 | 66 RAVENSWOOD DRIVE SOUTH |
| 3 Jul 2023 | £460,194 | £454,000 | 31 RAVENSWOOD DRIVE SOUTH |
| 16 Jan 2023 | £377,422 | £379,200 | 19 OVERSLADE ROAD |
| 14 Sep 2022 | £496 | £500 | 53 RAVENSWOOD DRIVE SOUTH |
| 29 Jul 2022 | £421,134 | £420,000 | 12 OVERSLADE ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 12 Jan 2017. Using an estimated price of £350,654 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on NORTHDOWN ROAD is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood Drive South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive South |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive South |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Ravenswood Drive South |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Drive |