£145,026
This estimated value is based upon the latest sale price for the house of £40,000 on 18 Sep 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Ridgacre Lane
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Price Paid | Date |
---|---|
£40,000 | 18 Sep 2000 |
Semi-Detached |
Leasehold |
Floor Area: 65 sq meters or 699 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 September 2000 the House Price Index for WEST MIDLANDS was 40.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 262.565%.Applying this 262.565% change to the original purchase price of £40,000 results in an estimated price of approximately £145,026.
18 Sep 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 146.7 | 262.565 % | £40,000 | £105,026 | £145,026 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 160.031 % | £64,012 | £104,012 |
3 Month Average | 201.149 % | £80,459 | £120,459 |
6 Month Average | 217.353 % | £86,941 | £126,941 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Dec 2015.
The average size of a house on HIGGINS LANE is 96 sq meters (1,036 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ridgacre Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Middle Meadow Avenue |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Meadow Road |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |