£129,525
This estimated value is based upon the latest sale price for the house of £105,000 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£105,000 | 18 Dec 2018 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £105,000 results in an estimated price of approximately £129,525.
18 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £105,000 | £24,525 | £129,525 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 29.617 % | £31,097 | £136,097 |
3 Month Average | 23.341 % | £24,507 | £129,507 |
6 Month Average | 20.568 % | £21,596 | £126,596 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £191,677 | £190,000 | 2 CHAPEL CLOSE |
28 Jul 2023 | £207,797 | £205,000 | 7 HILLSIDE AVENUE |
14 Jul 2023 | £152,046 | £150,000 | 3 GRANVILLE ROAD |
17 Mar 2023 | £176,664 | £175,000 | 1 COOMBE HILL |
5 Sep 2022 | £203,358 | £205,000 | 21 HILLSIDE AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Aug 2014. Using an estimated price of £129,526 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on GRANVILLE ROAD is 68 sq meters (734 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hillside Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside Avenue |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coombe Hill |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coombe Hill |