£166,981
This estimated value is based upon the latest sale price for the house of £106,184 on 3 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,184 | 3 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 September 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £106,184 results in an estimated price of approximately £166,981.
| 3 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £106,184 | £60,797 | £166,981 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 54.874 % | £58,267 | £164,451 |
| 3 Month Average | 57.336 % | £60,881 | £167,065 |
| 6 Month Average | 60.810 % | £64,570 | £170,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £147,965 | £145,000 | 60 LOCKHURST LANE |
| 9 Jan 2023 | £125,335 | £125,000 | 330 FOLESHILL ROAD |
| 4 Apr 2022 | £139,015 | £134,000 | APARTMENT 2 MATLOCK HOUSE, 79 CHELMSFORD DRIVE |
| 4 Apr 2022 | £142,127 | £137,000 | APARTMENT 7 MATLOCK HOUSE, 79 CHELMSFORD DRIVE |
| 31 Mar 2022 | £140,931 | £135,000 | APARTMENT 4 MATLOCK HOUSE, 79 CHELMSFORD DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Nov 2013. Using an estimated price of £166,982 means this house is valued at £3,036 per sq meter (£282 per sq foot).
The average size of a house on GRESSINGHAM GROVE is 55 sq meters (597 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Gressingham Grove |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gressingham Grove |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Gressingham Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gressingham Grove |
| Jun 2024 | Anti-social behaviour | On or near Gressingham Grove |