£183,114
This estimated value is based upon the latest sale price for the house of £170,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 25 Nov 2021 |
| £74,000 | 24 Jan 2003 |
| £40,500 | 11 Jun 1999 |
| £27,000 | 28 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £170,000 results in an estimated price of approximately £183,114.
| 25 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £170,000 | £13,114 | £183,114 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 0.971 % | £1,649 | £171,649 |
| 3 Month Average | 6.130 % | £10,421 | £180,421 |
| 6 Month Average | 6.509 % | £11,065 | £181,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £224,887 | £222,000 | 283 GRANGEMOUTH ROAD |
| 16 Aug 2023 | £176,071 | £175,000 | 253 GRANGEMOUTH ROAD |
| 28 Jul 2023 | £181,719 | £180,000 | 277 GRANGEMOUTH ROAD |
| 1 Jun 2023 | £206,676 | £205,000 | 254 GRANGEMOUTH ROAD |
| 24 Mar 2023 | £180,978 | £180,000 | 423 GRANGEMOUTH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Jul 2021. Using an estimated price of £183,115 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on GRANGEMOUTH ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grangemouth Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grangemouth Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grangemouth Road |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Grangemouth Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Grangemouth Road |