£297,571
This estimated value is based upon the latest sale price for the house of £293,000 on 1 Mar 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £293,000 | 1 Mar 2024 |
| £290,000 | 26 Nov 2019 |
| £202,000 | 30 Nov 2007 |
| £202,000 | 30 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2024 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £293,000 results in an estimated price of approximately £297,571.
| 1 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £293,000 | £4,571 | £297,571 |
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 | -5.218 % | £-15,290 | £277,709 |
| 3 Month Average | -21.780 % | £-63,816 | £229,183 |
| 6 Month Average | -6.815 % | £-19,967 | £273,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £181,577 | £180,000 | 223 REDNAL ROAD |
| 22 Mar 2024 | £225,464 | £222,000 | 21 MULLION CROFT |
| 6 Dec 2023 | £273,401 | £265,000 | 41 BURFORD PARK ROAD |
| 30 Nov 2023 | £277,032 | £270,000 | 25 MULLION CROFT |
| 22 Aug 2023 | £147,663 | £145,000 | FLAT 18 COLEMAN COURT GROVEWOOD DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 28 Aug 2019.
The average size of a house on GROVEWOOD DRIVE is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grovewood Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beech Hurst |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Hurst |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beech Hurst |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Hurst |