£242,889
This estimated value is based upon the latest sale price for the house of £132,500 on 31 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,500 | 31 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 August 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £132,500 results in an estimated price of approximately £242,889.
| 31 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £132,500 | £110,389 | £242,889 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | 17.338 % | £22,972 | £155,472 |
| 3 Month Average | -5.639 % | £-7,471 | £125,028 |
| 6 Month Average | 17.382 % | £23,030 | £155,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £245,292 | £241,000 | 3 FOUR STONES GROVE |
| 28 Mar 2023 | £272,568 | £270,000 | 63 PRINCESS ROAD |
| 18 Oct 2022 | £247,337 | £250,000 | 16 VARDEN CROFT |
| 28 Apr 2022 | £211,109 | £205,000 | 50 PRINCESS ROAD |
| 14 Jan 2022 | £210,482 | £200,000 | 10 FOUR STONES GROVE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 20 Sep 2014. Using an estimated price of £242,889 means this house is valued at £2,093 per sq meter (£194 per sq foot).
The average size of a house on BELGRAVIA CLOSE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Varden Croft |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hay Park |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Hawkins Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hawkins Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Belgravia Close |