£160,476
This estimated value is based upon the latest sale price for the house of £124,950 on 14 Jul 2017. 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 Cosens Drive
More crime details
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| Price Paid | Date |
|---|---|
| £124,950 | 14 Jul 2017 |
| Terraced |
| Freehold |
| 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £124,950 results in an estimated price of approximately £160,476.
| 14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £124,950 | £35,526 | £160,476 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 142.686 % | £178,285 | £303,235 |
| 3 Month Average | 25.031 % | £31,275 | £156,225 |
| 6 Month Average | 28.013 % | £35,001 | £159,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £30,468 | £30,000 | 8 STATION STREET |
| 4 Nov 2022 | £184,139 | £185,000 | 34 GRAINGERS LANE |
| 1 Nov 2022 | £211,510 | £212,499 | 151 HIGH STREET |
| 28 Feb 2022 | £126,775 | £120,000 | 10 NORTHGATE |
| 8 Oct 2021 | £156,054 | £140,000 | 19 GRAINGERS LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 28 Sep 2017. Using an estimated price of £160,477 means this house is valued at £2,674 per sq meter (£248 per sq foot).
The average size of a house on GRAINGERS LANE is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cosens Drive |
| Jul 2024 | Burglary | Under investigation | On or near Parking Area |
| May 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |