£204,698
This estimated value is based upon the latest sale price for the house of £136,000 on 18 Sep 2014. 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 Nimmings Close
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Price Paid | Date |
---|---|
£136,000 | 18 Sep 2014 |
£130,000 | 10 Aug 2007 |
£89,950 | 29 May 2003 |
£46,000 | 21 Mar 1999 |
£43,500 | 28 Nov 1997 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £136,000 results in an estimated price of approximately £204,698.
18 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £136,000 | £68,698 | £204,698 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 0.279 % | £378 | £136,378 |
3 Month Average | 58.297 % | £79,283 | £215,283 |
6 Month Average | 57.868 % | £78,700 | £214,700 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £140,000 | £140,000 | 135 NUTHURST ROAD |
14 Jul 2023 | £192,592 | £190,000 | 126 GROVELEY LANE |
2 Jun 2023 | £217,636 | £215,000 | 185 NUTHURST ROAD |
31 Mar 2023 | £211,997 | £210,000 | 142 GROVELEY LANE |
19 Jul 2022 | £220,594 | £220,000 | 137 GROVELEY LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Jul 2014. Using an estimated price of £204,699 means this house is valued at £2,966 per sq meter (£275 per sq foot).
The average size of a house on GROVELEY LANE is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Nimmings Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nuthurst Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Nuthurst Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Nuthurst Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Close |