£307,257
This estimated value is based upon the latest sale price for the house of £176,950 on 15 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£176,950 | 15 Dec 2011 |
£120,000 | 25 Apr 2003 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 December 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £176,950 results in an estimated price of approximately £307,257.
15 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £176,950 | £130,307 | £307,257 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 146.889 % | £259,920 | £436,870 |
3 Month Average | 45.904 % | £81,227 | £258,177 |
6 Month Average | 54.003 % | £95,558 | £272,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £246,251 | £240,000 | 1B GLENDALE CLOSE |
9 Oct 2023 | £184,183 | £180,000 | 52 BHYLLS CRESCENT |
4 Aug 2023 | £254,592 | £250,000 | 30 SOUTHFIELD GROVE |
20 Feb 2023 | £281,883 | £280,000 | 24 GLENDALE CLOSE |
11 Aug 2022 | £421,973 | £420,000 | 31 SOUTHFIELD GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Aug 2011. Using an estimated price of £307,257 means this house is valued at £3,452 per sq meter (£320 per sq foot).
The average size of a house on NORTHFIELD GROVE is 105 sq meters (1,133 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farm Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wychbury Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southfield Grove |
Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Southfield Grove |
Jun 2024 | Vehicle crime | Under investigation | On or near Southfield Grove |