£232,735
This estimated value is based upon the latest sale price for the house of £227,500 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £227,500 | 25 Mar 2022 |
| £137,500 | 24 May 2013 |
| £143,000 | 23 May 2008 |
| £61,000 | 29 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £227,500 results in an estimated price of approximately £232,735.
| 25 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £227,500 | £5,235 | £232,735 |
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 | -11.940 % | £-27,162 | £200,337 |
| 3 Month Average | -7.793 % | £-17,729 | £209,770 |
| 6 Month Average | 18.424 % | £41,913 | £269,413 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Sep 2021.
The average size of a house on GRACEMERE CRESCENT is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gracemere Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gracemere Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gracemere Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheyne Gardens |
| Mar 2024 | Public order | Under investigation | On or near Cheyne Gardens |