£243,275
This estimated value is based upon the latest sale price for the house of £142,000 on 1 Apr 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,000 | 1 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 876 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 April 2011 the House Price Index for WEST MIDLANDS was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £142,000 results in an estimated price of approximately £243,275.
| 1 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £142,000 | £101,275 | £243,275 |
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 | -15.651 % | £-22,223 | £119,776 |
| 3 Month Average | 44.983 % | £63,875 | £205,875 |
| 6 Month Average | 76.326 % | £108,383 | £250,383 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £294,358 | £290,000 | 12 REDSTONE FARM ROAD |
| 7 Jun 2022 | £248,512 | £245,000 | 306 LAKEY LANE |
| 28 Apr 2022 | £275,986 | £268,000 | 14 REDSTONE FARM ROAD |
| 25 Feb 2022 | £110,113 | £105,000 | FLAT 1 9 MAPLETON GROVE |
| 16 Dec 2021 | £278,558 | £260,000 | 6 REDSTONE FARM ROAD |
This house has a floor area of 81 sq meters or 876 sq feet when measured on 27 Sep 2010. Using an estimated price of £243,276 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on MAPLETON GROVE is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Mapleton Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mapleton Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birchmoor Close |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Birchmoor Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Birchmoor Close |