£164,064
This estimated value is based upon the latest sale price for the house of £89,500 on 31 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£89,500 | 31 Aug 2005 |
£40,000 | 14 Dec 1999 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £89,500 results in an estimated price of approximately £164,064.
31 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 148.6 | 83.313 % | £89,500 | £74,564 | £164,064 |
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 | 58.611 % | £52,456 | £141,956 |
3 Month Average | 74.247 % | £66,451 | £155,951 |
6 Month Average | 73.807 % | £66,057 | £155,557 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £244,274 | £240,000 | 12 CATESBY ROAD |
6 Dec 2023 | £229,007 | £225,000 | 393 MIDDLEMARCH ROAD |
15 Sep 2023 | £141,813 | £140,000 | 46 CATESBY ROAD |
7 Aug 2023 | £206,809 | £205,000 | 332 GRANGEMOUTH ROAD |
21 Jul 2023 | £202,729 | £200,000 | 62 CATESBY ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Jan 2016. Using an estimated price of £164,065 means this house is valued at £1,367 per sq meter (£127 per sq foot).
The average size of a house on GRANGEMOUTH ROAD is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Possession of weapons | Under investigation | On or near Petrol Station |
Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Petrol Station |