£260,581
This estimated value is based upon the latest sale price for the house of £206,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £206,000 | 4 Aug 2017 |
| £155,000 | 29 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £206,000 results in an estimated price of approximately £260,581.
| 4 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £206,000 | £54,581 | £260,581 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | -22.239 % | £-45,811 | £160,188 |
| 3 Month Average | 15.053 % | £31,009 | £237,009 |
| 6 Month Average | 23.441 % | £48,288 | £254,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £342,357 | £341,200 | 5 GRANGE AVENUE |
| 20 Dec 2023 | £290,496 | £285,000 | 77 DUGDALE CRESCENT |
| 1 Nov 2023 | £288,706 | £285,000 | 34 GIBBONS ROAD |
| 27 Jan 2023 | £59,478 | £60,000 | 36 TOWER ROAD |
| 29 Jul 2022 | £289,609 | £290,000 | 75 MERE GREEN ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Apr 2014. Using an estimated price of £260,582 means this house is valued at £3,217 per sq meter (£298 per sq foot).
The average size of a house on GRANGE AVENUE is 103 sq meters (1,114 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Grange Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Avenue |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Grange Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| Feb 2024 | Public order | Awaiting court outcome | On or near Grange Avenue |