£237,348
This estimated value is based upon the latest sale price for the house of £172,950 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£172,950 | 15 Jan 2016 |
£166,000 | 14 Dec 2007 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £172,950 results in an estimated price of approximately £237,348.
15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £172,950 | £64,398 | £237,348 |
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 | -24.135 % | £-41,741 | £131,208 |
3 Month Average | 23.314 % | £40,321 | £213,271 |
6 Month Average | 43.947 % | £76,006 | £248,956 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £187,642 | £186,000 | 42 BARBARA ROAD |
16 Jun 2023 | £222,698 | £220,000 | 104 GRACEMERE CRESCENT |
3 Feb 2023 | £329,778 | £330,000 | 329 BALDWINS LANE |
26 Aug 2022 | £239,356 | £240,000 | 74 GRACEMERE CRESCENT |
26 Aug 2022 | £261,047 | £261,750 | 158 GRACEMERE CRESCENT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Nov 2015. Using an estimated price of £237,349 means this house is valued at £3,390 per sq meter (£315 per sq foot).
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 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheyne Gardens |