£163,639
This estimated value is based upon the latest sale price for the house of £93,950 on 14 Jul 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,950 | 14 Jul 2006 |
| £76,950 | 12 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2006 the House Price Index for WEST MIDLANDS was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £93,950 results in an estimated price of approximately £163,639.
| 14 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £93,950 | £69,689 | £163,639 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 57.880 % | £54,378 | £148,328 |
| 3 Month Average | 67.592 % | £63,502 | £157,452 |
| 6 Month Average | 73.430 % | £68,987 | £162,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2024 | £245,500 | £245,500 | 29 PHILLIPS AVENUE |
| 7 Aug 2024 | £136,000 | £136,000 | 52 BAYLIS AVENUE |
| 31 May 2024 | £159,995 | £159,995 | 1 RAVEN CRESCENT |
| 15 Mar 2024 | £137,107 | £135,000 | 34 BARNARD ROAD |
| 1 Dec 2023 | £154,755 | £150,000 | 54 PHILLIPS AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Mar 2015. Using an estimated price of £163,639 means this house is valued at £2,211 per sq meter (£205 per sq foot).
The average size of a house on GRIFFITHS DRIVE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffiths Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Griffiths Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Griffiths Drive |
| Sep 2024 | Public order | Under investigation | On or near Griffiths Drive |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Griffiths Drive |