£172,969
This estimated value is based upon the latest sale price for the house of £135,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 2 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £135,000 results in an estimated price of approximately £172,969.
| 2 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £135,000 | £37,969 | £172,969 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 77.390 % | £104,476 | £239,476 |
| 3 Month Average | 61.050 % | £82,417 | £217,417 |
| 6 Month Average | 34.539 % | £46,627 | £181,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £227,759 | £225,000 | 23 CULMORE CLOSE |
| 19 Jan 2023 | £199,062 | £200,000 | 37 POPLAR AVENUE |
| 12 Sep 2022 | £223,198 | £225,000 | 18 SILVERSTONE CLOSE |
| 17 Aug 2022 | £14,960 | £15,000 | 17 CALSTOCK ROAD |
| 24 Jun 2022 | £172,437 | £170,000 | 400 STROUD AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 27 Feb 2017. Using an estimated price of £172,969 means this house is valued at £2,470 per sq meter (£229 per sq foot).
The average size of a house on GRANBOURNE ROAD is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverstone Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Culmore Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culmore Close |
| Jan 2024 | Anti-social behaviour | On or near Culmore Close | |
| Jan 2024 | Anti-social behaviour | On or near Culmore Close |