£214,982
This estimated value is based upon the latest sale price for the house of £205,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£205,000 | 18 Feb 2022 |
£166,000 | 3 May 2019 |
£124,000 | 19 Dec 2014 |
£116,950 | 20 Nov 2008 |
£107,500 | 18 Nov 2005 |
£74,000 | 17 Mar 2003 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £205,000 results in an estimated price of approximately £214,982.
18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £205,000 | £9,982 | £214,982 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -22.661 % | £-46,455 | £158,544 |
3 Month Average | -21.255 % | £-43,572 | £161,427 |
6 Month Average | -10.860 % | £-22,263 | £182,736 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £201,765 | £200,000 | 1 CHALE GROVE |
24 Jul 2023 | £248,342 | £245,000 | 15 FLETTON GROVE |
4 Apr 2023 | £293,156 | £290,000 | 48 GRENDON ROAD |
22 Jul 2022 | £240,648 | £240,000 | 20 FLETTON GROVE |
23 May 2022 | £244,609 | £240,000 | 20 GRENDON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 Jan 2019. Using an estimated price of £214,982 means this house is valued at £3,071 per sq meter (£285 per sq foot).
The average size of a house on GRENDON ROAD is 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fletton Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fletton Grove |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Grendon Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grendon Road |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Melfort Grove |