£194,970
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Nov 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2013 the House Price Index for WEST MIDLANDS was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £120,000 results in an estimated price of approximately £194,970.
| 25 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £120,000 | £74,970 | £194,970 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 92.138 % | £110,565 | £230,565 |
| 3 Month Average | 55.145 % | £66,173 | £186,173 |
| 6 Month Average | 55.616 % | £66,739 | £186,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £167,480 | £165,000 | 44 INCHLAGGAN ROAD |
| 2 Nov 2023 | £182,705 | £180,000 | 56 INCHLAGGAN ROAD |
| 25 Mar 2022 | £191,709 | £185,000 | 18 MASSBROOK GROVE |
| 21 Jan 2022 | £195,748 | £186,000 | 20 MANDALE ROAD |
| 14 Jan 2022 | £228,899 | £217,500 | 2 MASSBROOK GROVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Jun 2013. Using an estimated price of £194,970 means this house is valued at £1,969 per sq meter (£182 per sq foot).
The average size of a house on MASSBROOK GROVE is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Massbrook Grove |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Massbrook Grove |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Massbrook Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Massbrook Grove |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Massbrook Grove |