£194,769
This estimated value is based upon the latest sale price for the house of £156,500 on 28 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £156,500 | 28 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £156,500 results in an estimated price of approximately £194,769.
| 28 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £156,500 | £38,269 | £194,769 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -37.162 % | £-58,158 | £98,341 |
| 3 Month Average | 13.913 % | £21,773 | £178,273 |
| 6 Month Average | 20.879 % | £32,675 | £189,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £198,726 | £197,000 | 496 GRIFFITHS DRIVE |
| 15 Sep 2023 | £80,781 | £79,000 | 33 GORSE ROAD |
| 28 Aug 2023 | £188,398 | £185,000 | 3 SOUTHALL ROAD |
| 24 Jun 2022 | £190,063 | £186,000 | 397 GRIFFITHS DRIVE |
| 14 Apr 2022 | £176,362 | £170,000 | 34 BARGERY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Sep 2018. Using an estimated price of £194,769 means this house is valued at £2,238 per sq meter (£207 per sq foot).
The average size of a house on GRIFFITHS DRIVE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Albans Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near St Albans Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Albans Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Albans Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Albans Close |