£230,333
This estimated value is based upon the latest sale price for the house of £173,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,000 | 26 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £173,000 results in an estimated price of approximately £230,333.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £173,000 | £57,333 | £230,333 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 9.970 % | £17,248 | £190,248 |
| 3 Month Average | 6.381 % | £11,039 | £184,039 |
| 6 Month Average | 19.026 % | £32,915 | £205,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £328,091 | £325,000 | 22 WREKIN DRIVE |
| 23 Mar 2023 | £222,092 | £220,000 | 18 TEASDALE WAY |
| 3 Feb 2023 | £374,748 | £375,000 | 21 LANGDALE WAY |
| 1 Apr 2022 | £264,658 | £257,000 | 17 WREKIN DRIVE |
| 23 Feb 2022 | £1,153,564 | £1,100,000 | VOLVO STOURBRIDGE GRANGE LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Apr 2016. Using an estimated price of £230,334 means this house is valued at £2,450 per sq meter (£227 per sq foot).
The average size of a house on HADCROFT GRANGE is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Dec 2023 | Anti-social behaviour | On or near Croftwood Road | |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Teasdale Way |