£152,597
This estimated value is based upon the latest sale price for the house of £95,000 on 10 Apr 2007. 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 Park Ridge Drive
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| Price Paid | Date |
|---|---|
| £95,000 | 10 Apr 2007 |
| £70,000 | 3 May 2005 |
| £70,000 | 24 Oct 2003 |
| Terraced |
| Freehold |
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 2007 the House Price Index for WEST MIDLANDS was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £95,000 results in an estimated price of approximately £152,597.
| 10 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £95,000 | £57,597 | £152,597 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 57.028 % | £54,176 | £149,176 |
| 3 Month Average | 26.335 % | £25,018 | £120,018 |
| 6 Month Average | 43.879 % | £41,685 | £136,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £274,057 | £270,000 | 39 LONG INNAGE |
| 27 Sep 2023 | £10,962 | £10,822 | 83 LONG INNAGE |
| 20 Jul 2023 | £221,988 | £219,000 | 50 LONG INNAGE |
| 28 Jun 2023 | £192,330 | £190,000 | 46 PARK LANE |
| 13 Feb 2023 | £173,883 | £174,000 | 84 PARK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Park Ridge Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hingley Road |
| Mar 2024 | Drugs | Under investigation | On or near Folkes Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Folkes Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Folkes Road |