£162,014
This estimated value is based upon the latest sale price for the house of £137,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £137,000 | 11 Sep 2020 |
| 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £137,000 results in an estimated price of approximately £162,014.
| 11 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £137,000 | £25,014 | £162,014 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 5.556 % | £7,611 | £144,611 |
| 3 Month Average | 21.287 % | £29,163 | £166,163 |
| 6 Month Average | 14.833 % | £20,321 | £157,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £231,406 | £232,500 | 12 ORTON GROVE |
| 7 Oct 2022 | £287,723 | £292,000 | 258 WARSTONES ROAD |
| 17 Aug 2022 | £266,201 | £268,000 | 16 ORTON GROVE |
| 29 Apr 2022 | £230,769 | £225,000 | 9 BRYAN AVENUE |
| 2 Dec 2021 | £191,002 | £179,000 | 53 BRADEN ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 4 Feb 2020. Using an estimated price of £162,014 means this house is valued at £1,820 per sq meter (£169 per sq foot).
The average size of a house on ORTON GROVE is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orton Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Orton Grove |
| Mar 2024 | Burglary | Under investigation | On or near Bryan Avenue |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Hollybush Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Lane |