£344,638
This estimated value is based upon the latest sale price for the house of £340,000 on 21 Jul 2023. 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 Grantley Crescent
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| Price Paid | Date |
|---|---|
| £340,000 | 21 Jul 2023 |
| £218,000 | 27 Nov 2017 |
| Detached |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £340,000 results in an estimated price of approximately £344,638.
| 21 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £340,000 | £4,638 | £344,638 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -33.545 % | £-114,053 | £225,946 |
| 3 Month Average | -9.063 % | £-30,814 | £309,185 |
| 6 Month Average | -7.560 % | £-25,702 | £314,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £314,015 | £310,000 | 1 REGENT CLOSE |
| 21 Jul 2023 | £344,638 | £340,000 | 11 GRANTLEY CRESCENT |
| 28 Apr 2023 | £358,864 | £355,000 | 14 ROSS DRIVE |
| 3 Mar 2023 | £287,711 | £285,000 | 12 CHELSEA WAY |
| 1 Jul 2022 | £401,080 | £400,000 | 14 BUCKINGHAM GROVE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Feb 2017. Using an estimated price of £344,638 means this house is valued at £5,384 per sq meter (£500 per sq foot).
The average size of a house on GRANTLEY CRESCENT is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Grantley Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regent Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Regent Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chelsea Way |
| Apr 2024 | Other theft | Under investigation | On or near Buckingham Grove |