£232,579
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Aug 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near The Grove
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 27 Aug 2008 |
| £69,000 | 19 Oct 2001 |
| Semi-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 August 2008 the House Price Index for WEST MIDLANDS was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £140,000 results in an estimated price of approximately £232,579.
| 27 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £140,000 | £92,579 | £232,579 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 36.327 % | £50,857 | £190,857 |
| 3 Month Average | 55.434 % | £77,607 | £217,607 |
| 6 Month Average | 47.373 % | £66,322 | £206,322 |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 18 May 2021.
The average size of a house on BIRMINGHAM NEW ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Grove |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Grove |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near The Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4123 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4123 |