£197,572
This estimated value is based upon the latest sale price for the house of £116,000 on 15 Sep 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £116,000 | 15 Sep 2006 |
| £49,950 | 25 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 September 2006 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £116,000 results in an estimated price of approximately £197,572.
| 15 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £116,000 | £81,572 | £197,572 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -9.937 % | £-11,526 | £104,473 |
| 3 Month Average | 0.377 % | £437 | £116,437 |
| 6 Month Average | 18.234 % | £21,151 | £137,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £202,590 | £200,000 | 9 ASTLEY CLOSE |
| 18 Mar 2022 | £139,895 | £135,000 | 10 DEVEY DRIVE |
| 21 Jan 2022 | £221,006 | £210,000 | 30 HEMPOLE LANE |
| 26 Nov 2021 | £187,102 | £173,000 | 11 DEVEY DRIVE |
| 26 May 2021 | £99,726 | £88,250 | 38 EAGLE LANE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Oct 2021. Using an estimated price of £197,572 means this house is valued at £3,238 per sq meter (£300 per sq foot).
The average size of a house on GRAINGER CLOSE is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Eagle Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eagle Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eagle Lane |
| Feb 2024 | Anti-social behaviour | On or near Eagle Lane | |
| Feb 2024 | Anti-social behaviour | On or near Eagle Lane |