£171,462
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Aug 2017 |
| £95,950 | 8 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 468 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £135,000 results in an estimated price of approximately £171,462.
| 21 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £135,000 | £36,462 | £171,462 |
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 | -31.188 % | £-42,104 | £92,895 |
| 3 Month Average | -0.540 % | £-729 | £134,270 |
| 6 Month Average | 7.072 % | £9,546 | £144,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £133,842 | £131,500 | APARTMENT 2 11 RICKMAN DRIVE |
| 24 Nov 2023 | £322,271 | £317,500 | 17 LIBERTY MEWS |
| 20 Nov 2023 | £299,433 | £295,000 | 12 WYNN STREET |
| 22 Aug 2023 | £167,465 | £166,000 | APARTMENT 8 15 RICKMAN DRIVE |
| 21 Aug 2023 | £128,373 | £127,250 | APARTMENT 2 33 RICKMAN DRIVE |
This house has a floor area of 43 sq meters or 468 sq feet when measured on 2 Sep 2009. Using an estimated price of £171,462 means this house is valued at £3,938 per sq meter (£365 per sq foot).
The average size of a house on RICKMAN DRIVE is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rickman Drive |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Rickman Drive |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wynn Street |
| Mar 2024 | Drugs | Under investigation | On or near Wynn Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wynn Street |