£227,020
This estimated value is based upon the latest sale price for the house of £173,000 on 4 Nov 2016. 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 Gresham Street
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| Price Paid | Date |
|---|---|
| £173,000 | 4 Nov 2016 |
| £85,000 | 26 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £173,000 results in an estimated price of approximately £227,020.
| 4 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.0 | 31.226 % | £173,000 | £54,020 | £227,020 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 35.861 % | £62,038 | £235,038 |
| 3 Month Average | 23.753 % | £41,092 | £214,092 |
| 6 Month Average | 37.805 % | £65,403 | £238,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £163,085 | £160,000 | 35 HARLEY STREET |
| 14 Dec 2023 | £178,375 | £175,000 | 38 HARLEY STREET |
| 31 Jul 2023 | £378,581 | £375,000 | 16 CLARA STREET |
| 4 Jul 2023 | £244,311 | £242,000 | 2 GRESHAM STREET |
| 24 Feb 2023 | £169,200 | £170,000 | 11 GRESHAM STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 30 May 2013. Using an estimated price of £227,020 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Gresham Street |
| Mar 2024 | Other crime | Under investigation | On or near Gresham Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gresham Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Gresham Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Road |