£247,045
This estimated value is based upon the latest sale price for the house of £165,000 on 20 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 Grange Road
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| Price Paid | Date |
|---|---|
| £165,000 | 20 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 £165,000 results in an estimated price of approximately £247,045.
| 20 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £165,000 | £82,045 | £247,045 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 24.675 % | £40,713 | £205,713 |
| 3 Month Average | 20.549 % | £33,905 | £198,905 |
| 6 Month Average | 54.407 % | £89,772 | £254,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £207,655 | £205,000 | 64 GRANGE ROAD |
| 26 Jul 2023 | £296,997 | £293,000 | 10 PARKWAY ROAD |
| 30 Jun 2023 | £116,410 | £115,000 | 3 RUSSELL STREET |
| 12 Apr 2023 | £146,578 | £145,000 | 26 RUSSELL STREET |
| 2 Mar 2023 | £380,586 | £377,000 | 70 GRANGE ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 22 Jan 2016. Using an estimated price of £247,045 means this house is valued at £5,256 per sq meter (£488 per sq foot).
The average size of a house on GRANGE ROAD is 132 sq meters (1,421 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grange Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grange Road |