£65,848
This estimated value is based upon the latest sale price for the house of £48,750 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £48,750 | 11 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 507 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £48,750 results in an estimated price of approximately £65,848.
| 11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £48,750 | £17,098 | £65,848 |
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 | 47.488 % | £23,150 | £71,900 |
| 3 Month Average | 22.127 % | £10,786 | £59,536 |
| 6 Month Average | 24.715 % | £12,048 | £60,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £157,329 | £155,000 | 82 GLEBEFIELDS ROAD |
| 16 Jun 2023 | £204,477 | £202,000 | 8 WARING ROAD |
| 13 Jun 2023 | £172,084 | £170,000 | 11 JOHN F KENNEDY WALK |
| 23 Mar 2023 | £181,712 | £180,000 | 179 GRACE ROAD |
| 19 Aug 2022 | £190,487 | £191,000 | 2 GRACE ROAD |
This house has a floor area of 47 sq meters or 507 sq feet when measured on 4 May 2011. Using an estimated price of £65,848 means this house is valued at £1,396 per sq meter (£129 per sq foot).
The average size of a house on GRACE ROAD is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dryden Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dryden Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Dryden Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dryden Close |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Dryden Close |