£221,247
This estimated value is based upon the latest sale price for the house of £170,000 on 6 Jan 2017. 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 Rian Court
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Price Paid | Date |
---|---|
£170,000 | 6 Jan 2017 |
£125,000 | 6 Feb 2004 |
Detached |
Freehold |
Floor Area: 52 sq meters or 559 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 January 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.145%.Applying this 30.145% change to the original purchase price of £170,000 results in an estimated price of approximately £221,247.
6 Jan 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.0 | 30.145 % | £170,000 | £51,247 | £221,247 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 22.270 % | £37,859 | £207,859 |
3 Month Average | 20.541 % | £34,920 | £204,920 |
6 Month Average | 32.322 % | £54,947 | £224,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £272,658 | £267,500 | 3 NEWLAND GARDENS |
10 Mar 2023 | £236,277 | £235,000 | 5 SURFEIT HILL ROAD |
6 Mar 2023 | £160,870 | £160,000 | UNIT 3 HILLCREST INDUSTRIAL ESTATE CORNGREAVES ROAD |
13 Feb 2023 | £162,233 | £163,000 | 28 SURFEIT HILL ROAD |
10 Oct 2022 | £236,485 | £240,000 | UNIT 9 HILLCREST INDUSTRIAL ESTATE CORNGREAVES ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 5 May 2015. Using an estimated price of £221,247 means this house is valued at £4,254 per sq meter (£395 per sq foot).
The average size of a house on SURFEIT HILL ROAD is 80 sq meters (862 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rian Court |
Apr 2024 | Drugs | Under investigation | On or near Surfeit Hill Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Surfeit Hill Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Corngreaves Road |
Mar 2024 | Burglary | Unable to prosecute suspect | On or near Corngreaves Road |