£654,268
This estimated value is based upon the latest sale price for the house of £340,000 on 22 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £340,000 | 22 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 92.432%.Applying this 92.432% change to the original purchase price of £340,000 results in an estimated price of approximately £654,268.
| 22 Jul 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 146.7 | 92.432 % | £340,000 | £314,268 | £654,268 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 46.435 % | £157,878 | £497,878 |
| 3 Month Average | 48.633 % | £165,350 | £505,350 |
| 6 Month Average | 61.109 % | £207,769 | £547,769 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 16 Sep 2020.
The average size of a house on NETHERSTONE GROVE is 146 sq meters (1,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleeve Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moore Close |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Moore Close |
| Mar 2024 | Burglary | Under investigation | On or near Station Approach |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Approach |