£119,568
This estimated value is based upon the latest sale price for the house of £70,000 on 8 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,000 | 8 Feb 2012 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 672 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.812%.Applying this 70.812% change to the original purchase price of £70,000 results in an estimated price of approximately £119,568.
8 Feb 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.0 | 70.812 % | £70,000 | £49,568 | £119,568 |
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 | 71.881 % | £50,316 | £120,316 |
3 Month Average | 56.474 % | £39,531 | £109,531 |
6 Month Average | 57.270 % | £40,088 | £110,088 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £193,664 | £190,000 | 29 GRANGE ROAD |
11 Dec 2023 | £249,725 | £245,000 | 40 OWENS WAY |
14 Jul 2023 | £151,432 | £150,000 | 3 GRANVILLE ROAD |
4 Jul 2023 | £252,387 | £250,000 | 78 WATERFALL LANE |
31 Mar 2023 | £100,543 | £100,000 | 26 WATERFALL LANE |
This house has a floor area of 62 sq meters or 672 sq feet when measured on 14 Jun 2011. Using an estimated price of £119,568 means this house is valued at £1,913 per sq meter (£177 per sq foot).
The average size of a house on GRANGE ROAD is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Perry Park Road |
Feb 2024 | Anti-social behaviour | On or near Perry Park Road | |
Feb 2024 | Anti-social behaviour | On or near Perry Park Road | |
Feb 2024 | Anti-social behaviour | On or near Perry Park Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |