£87,128
This estimated value is based upon the latest sale price for the house of £60,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£60,000 | 19 Jun 2015 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 June 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £60,000 results in an estimated price of approximately £87,128.
19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £60,000 | £27,128 | £87,128 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 89.035 % | £53,421 | £113,421 |
3 Month Average | 52.409 % | £31,445 | £91,445 |
6 Month Average | 64.519 % | £38,711 | £98,711 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £167,938 | £165,000 | 40 GROSVENOR STREET |
6 Nov 2023 | £101,503 | £100,000 | 14 INKERMAN STREET |
10 Aug 2023 | £118,033 | £117,000 | 45 GROSVENOR STREET |
3 Apr 2023 | £152 | £150 | SOHO CASH AND CARRY TREMONT STREET |
24 Feb 2023 | £93,937 | £94,000 | 44 TUMBLER GROVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 May 2015. Using an estimated price of £87,129 means this house is valued at £1,210 per sq meter (£112 per sq foot).
The average size of a house on GROSVENOR STREET is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grosvenor Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grosvenor Street |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Grosvenor Street |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Tremont Street |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Tremont Street |