£176,350
This estimated value is based upon the latest sale price for the house of £97,000 on 21 Aug 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,000 | 21 Aug 2009 |
| £29,500 | 6 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2009 the House Price Index for WEST MIDLANDS was 82.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.804%.Applying this 81.804% change to the original purchase price of £97,000 results in an estimated price of approximately £176,350.
| 21 Aug 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 149.7 | 81.804 % | £97,000 | £79,350 | £176,350 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 65.717 % | £63,745 | £160,745 |
| 3 Month Average | 80.003 % | £77,602 | £174,602 |
| 6 Month Average | 83.997 % | £81,476 | £178,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £216,657 | £210,000 | 183 GRANGEMOUTH ROAD |
| 25 Jul 2022 | £196,974 | £195,000 | 145 GRANGEMOUTH ROAD |
| 11 May 2022 | £212,537 | £207,000 | 146 GRANGEMOUTH ROAD |
| 31 Mar 2022 | £208,787 | £200,000 | 104 GRANGEMOUTH ROAD |
| 21 Jan 2022 | £169,632 | £160,000 | 236 CHEVERAL AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 15 Jan 2019. Using an estimated price of £176,350 means this house is valued at £2,632 per sq meter (£244 per sq foot).
The average size of a house on GRANGEMOUTH ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middlemarch Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cheveral Avenue |
| Jul 2024 | Drugs | Under investigation | On or near Cheveral Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheveral Avenue |