£123,125
This estimated value is based upon the latest sale price for the house of £120,000 on 10 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 10 Nov 2023 |
| £90,000 | 7 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2023 the House Price Index for WEST MIDLANDS was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £120,000 results in an estimated price of approximately £123,125.
| 10 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £120,000 | £3,125 | £123,125 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 43.121 % | £51,744 | £171,744 |
| 3 Month Average | 12.799 % | £15,358 | £135,358 |
| 6 Month Average | -1.093 % | £-1,311 | £118,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £183,643 | £178,000 | 70 SQUIRES GROVE |
| 10 Nov 2023 | £123,125 | £120,000 | 16 SQUIRES GROVE |
| 10 Nov 2023 | £123,125 | £120,000 | 5 SQUIRES GROVE |
| 20 Oct 2023 | £117,673 | £115,000 | 12 SQUIRES GROVE |
| 13 Oct 2023 | £230,229 | £225,000 | 26 SANDLAND ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 25 Nov 2021. Using an estimated price of £123,125 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on SQUIRES GROVE is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Squires Grove |
| Aug 2024 | Anti-social behaviour | On or near Squires Grove | |
| Aug 2024 | Anti-social behaviour | On or near Squires Grove | |
| Aug 2024 | Anti-social behaviour | On or near Squires Grove | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Squires Grove |