£258,274
This estimated value is based upon the latest sale price for the house of £172,500 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Granshaw Close
More crime details
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Price Paid | Date |
---|---|
£172,500 | 7 Nov 2014 |
£149,950 | 23 Jun 2006 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,033 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £172,500 results in an estimated price of approximately £258,274.
7 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £172,500 | £85,774 | £258,274 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 39.906 % | £68,837 | £241,337 |
3 Month Average | 86.389 % | £149,021 | £321,521 |
6 Month Average | 74.414 % | £128,363 | £300,863 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £330,000 | £330,000 | 76 GRANSHAW CLOSE |
2 Jun 2023 | £318,862 | £315,000 | 14 GRANSHAW CLOSE |
26 Oct 2022 | £281,964 | £285,000 | 136 REDDITCH ROAD |
4 May 2022 | £239,513 | £235,000 | 152 REDDITCH ROAD |
4 Jan 2022 | £126,815 | £120,500 | FLAT 24 WOODLEIGH COURT REDDITCH ROAD |
This house has a floor area of 95 sq meters or 1,033 sq feet when measured on 1 Jul 2009. Using an estimated price of £258,274 means this house is valued at £2,690 per sq meter (£249 per sq foot).
The average size of a house on GRANSHAW CLOSE is 108 sq meters (1,171 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granshaw Close |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Granshaw Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granshaw Close |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Halladale |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Halladale |