£346,541
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Grizebeck Drive
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| Price Paid | Date |
|---|---|
| £270,000 | 23 Feb 2017 |
| £237,500 | 4 May 2012 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 860 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 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £270,000 results in an estimated price of approximately £346,541.
| 23 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £270,000 | £76,541 | £346,541 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 4.037 % | £10,900 | £280,900 |
| 3 Month Average | 38.048 % | £102,729 | £372,729 |
| 6 Month Average | 35.464 % | £95,753 | £365,753 |
This house has a floor area of 79 sq meters or 860 sq feet when measured on 23 Aug 2011.
The average size of a house on GRIZEBECK DRIVE is 126 sq meters (1,356 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grizebeck Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Harpenden Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Harpenden Drive |
| Jan 2024 | Burglary | Under investigation | On or near Polperro Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Polperro Drive |