£357,678
This estimated value is based upon the latest sale price for the house of £290,000 on 16 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £290,000 | 16 Jul 2019 |
| £66,500 | 18 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £290,000 results in an estimated price of approximately £357,678.
| 16 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £290,000 | £67,678 | £357,678 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 32.208 % | £93,403 | £383,403 |
| 3 Month Average | 4.957 % | £14,376 | £304,376 |
| 6 Month Average | 8.601 % | £24,943 | £314,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £343,510 | £337,500 | 11 LYNDON ROAD |
| 6 Dec 2023 | £248,854 | £244,500 | 80 PIERCE AVENUE |
| 23 Aug 2023 | £469,104 | £465,000 | 16 FERNHILL ROAD |
| 31 Mar 2023 | £259,444 | £257,000 | 139 SCOTT ROAD |
| 1 Mar 2023 | £257,425 | £255,000 | 74 RICHMOND ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 21 Mar 2019. Using an estimated price of £357,679 means this house is valued at £3,110 per sq meter (£288 per sq foot).
The average size of a house on RICHMOND ROAD is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Richmond Road |
| Jan 2024 | Public order | Under investigation | On or near Richmond Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhill Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bartley Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bartley Close |