£160,532
This estimated value is based upon the latest sale price for the house of £130,000 on 22 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Frobisher Way
More crime details
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| Price Paid | Date |
|---|---|
| £130,000 | 22 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £130,000 results in an estimated price of approximately £160,532.
| 22 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £130,000 | £30,532 | £160,532 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | -39.409 % | £-51,231 | £78,768 |
| 3 Month Average | -5.483 % | £-7,127 | £122,872 |
| 6 Month Average | 5.106 % | £6,638 | £136,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £207,231 | £205,000 | 7 CULVERT WAY |
| 8 Mar 2023 | £62,590 | £62,000 | 21 ADAMS CLOSE |
| 17 Oct 2022 | £118,722 | £120,000 | UNIT 10 ALBION BUSINESS PARK |
| 17 Dec 2021 | £327,841 | £306,000 | 7 CHANCE DRIVE |
| 14 Dec 2021 | £316,056 | £295,000 | 30 NAREL SHARPE CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 9 Sep 2018. Using an estimated price of £160,533 means this house is valued at £1,528 per sq meter (£142 per sq foot).
The average size of a house on GRENVILLE DRIVE is 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frobisher Way |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Frobisher Way |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Frobisher Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drake Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Drake Road |