£438,410
This estimated value is based upon the latest sale price for the house of £360,000 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 |
|---|---|
| £360,000 | 18 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £360,000 results in an estimated price of approximately £438,410.
| 18 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £360,000 | £78,410 | £438,410 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 164.005 % | £590,417 | £950,417 |
| 3 Month Average | 15.284 % | £55,022 | £415,022 |
| 6 Month Average | 12.611 % | £45,400 | £405,400 |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 6 Sep 2018.
The average size of a house on THE GRAYLANDS is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Graylands |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Fletcher Walk |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |