£173,812
This estimated value is based upon the latest sale price for the house of £105,000 on 21 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 21 Dec 2006 |
| £33,500 | 30 Aug 1996 |
| Terraced |
| Floor Area: 63 sq meters or 678 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £105,000 results in an estimated price of approximately £173,812.
| 21 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £105,000 | £68,812 | £173,812 |
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 | 44.078 % | £46,281 | £151,281 |
| 3 Month Average | 62.782 % | £65,920 | £170,920 |
| 6 Month Average | 62.751 % | £65,888 | £170,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £220,000 | £220,000 | 95 GRANGEMOUTH ROAD |
| 15 Dec 2023 | £212,722 | £209,000 | 126 CHEVERAL AVENUE |
| 8 Dec 2023 | £176,590 | £173,500 | 10 GRANGEMOUTH ROAD |
| 30 Jun 2023 | £220,673 | £218,000 | 116 CHEVERAL AVENUE |
| 16 Nov 2022 | £182,786 | £185,000 | 54 GRANGEMOUTH ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Jul 2015. Using an estimated price of £173,812 means this house is valued at £2,758 per sq meter (£256 per sq foot).
The average size of a house on GRANGEMOUTH ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Tay Road |
| Apr 2024 | Robbery | Under investigation | On or near Lanchester Road |
| Apr 2024 | Burglary | Under investigation | On or near Lanchester Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lanchester Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lanchester Road |