£200,171
This estimated value is based upon the latest sale price for the house of £87,000 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 15 Aug 2003 |
| £78,500 | 26 Jul 2002 |
| £73,500 | 24 Nov 2000 |
| £37,500 | 31 Mar 2000 |
| £24,500 | 22 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2003 the House Price Index for WEST MIDLANDS was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £87,000 results in an estimated price of approximately £200,171.
| 15 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £87,000 | £113,171 | £200,171 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 24.492 % | £21,307 | £108,307 |
| 3 Month Average | -0.152 % | £-132 | £86,867 |
| 6 Month Average | 38.926 % | £33,865 | £120,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £128,121 | £127,000 | 52 GRANVILLE SQUARE |
| 20 Apr 2022 | £231,705 | £225,000 | FLAT 26 BROADWALK, 2 UPPER WILLIAM STREET |
| 10 Dec 2021 | £128,565 | £120,000 | APARTMENT 21 CHURCHGATE PLAZA, 185 HOLLIDAY STREET |
| 14 Oct 2020 | £285,059 | £243,000 | APARTMENT 213 GRANVILLE LOFTS, 190 HOLLIDAY STREET |
| 20 Apr 2020 | £153,447 | £125,000 | APARTMENT 13 CHURCHGATE PLAZA, 185 HOLLIDAY STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 16 Feb 2010. Using an estimated price of £200,172 means this house is valued at £4,258 per sq meter (£395 per sq foot).
The average size of a house on GRANVILLE SQUARE is 47 sq meters (516 sq feet).