£156,661
This estimated value is based upon the latest sale price for the house of £106,000 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,000 | 20 Feb 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £106,000 results in an estimated price of approximately £156,661.
| 20 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £106,000 | £50,661 | £156,661 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 66.512 % | £70,502 | £176,502 |
| 3 Month Average | 24.806 % | £26,294 | £132,294 |
| 6 Month Average | 29.100 % | £30,845 | £136,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2023 | £202,177 | £200,000 | 44 GRACE ROAD |
| 23 Mar 2023 | £181,712 | £180,000 | 179 GRACE ROAD |
| 12 Jan 2023 | £174,180 | £175,000 | 180 HIGHFIELD ROAD |
| 10 Jan 2023 | £120,930 | £121,500 | 217 HIGHFIELD ROAD |
| 19 Aug 2022 | £190,487 | £191,000 | 2 GRACE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 28 Mar 2014. Using an estimated price of £156,662 means this house is valued at £1,598 per sq meter (£148 per sq foot).
The average size of a house on GRACE ROAD is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Grace Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Grace Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grace Road |
| Mar 2024 | Anti-social behaviour | On or near Grace Road | |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Grace Road |