£257,731
This estimated value is based upon the latest sale price for the house of £163,500 on 23 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £163,500 | 23 Jul 2007 |
| £76,000 | 8 Jun 2001 |
| £60,000 | 14 Nov 1997 |
| Semi-Detached |
| Freehold |
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 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £163,500 results in an estimated price of approximately £257,731.
| 23 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £163,500 | £94,231 | £257,731 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 94.045 % | £153,763 | £317,263 |
| 3 Month Average | 79.533 % | £130,036 | £293,536 |
| 6 Month Average | 63.773 % | £104,268 | £267,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £341,200 | £341,200 | 5 GRANGE AVENUE |
| 1 Nov 2023 | £289,283 | £285,000 | 34 GIBBONS ROAD |
| 20 Sep 2023 | £319,080 | £315,000 | 9 GRANGE AVENUE |
| 27 Jan 2023 | £59,719 | £60,000 | 36 TOWER ROAD |
| 29 Jul 2022 | £290,783 | £290,000 | 75 MERE GREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| Feb 2024 | Public order | Awaiting court outcome | On or near Grange Avenue |
| Feb 2024 | Public order | Awaiting court outcome | On or near Grange Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grange Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grange Avenue |