£321,395
This estimated value is based upon the latest sale price for the house of £260,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 3 May 2019 |
| £259,000 | 29 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £260,000 results in an estimated price of approximately £321,395.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £260,000 | £61,395 | £321,395 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -19.608 % | £-50,981 | £209,018 |
| 3 Month Average | -2.399 % | £-6,238 | £253,761 |
| 6 Month Average | 24.852 % | £64,615 | £324,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £334,959 | £330,000 | 14 GRAITH CLOSE |
| 2 Sep 2022 | £69,439 | £70,000 | 258A PRIORY ROAD |
| 13 May 2022 | £248,176 | £243,500 | 189 PRIORY ROAD |
| 5 May 2022 | £234,417 | £230,000 | 207 PRIORY ROAD |
| 14 Mar 2022 | £248,703 | £240,000 | 14 WILLSON CROFT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Dec 2015. Using an estimated price of £321,396 means this house is valued at £4,228 per sq meter (£392 per sq foot).
The average size of a house on GRAITH CLOSE is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Launde | |
| Feb 2024 | Anti-social behaviour | On or near The Launde | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bach Mill Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Willson Croft |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Slade Lane |