£174,421
This estimated value is based upon the latest sale price for the house of £169,000 on 29 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £169,000 | 29 Mar 2022 |
| £87,000 | 8 Jan 2009 |
| £28,500 | 2 Jun 1999 |
| £19,000 | 1 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £169,000 results in an estimated price of approximately £174,421.
| 29 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £169,000 | £5,421 | £174,421 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -11.192 % | £-18,914 | £150,085 |
| 3 Month Average | -8.409 % | £-14,211 | £154,788 |
| 6 Month Average | 2.428 % | £4,103 | £173,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £187,406 | £185,000 | 10 MOWBRAY STREET |
| 18 Aug 2023 | £243,481 | £242,000 | 45 WALSGRAVE ROAD |
| 11 Aug 2023 | £150,918 | £150,000 | 14 GRANTHAM STREET |
| 21 Jul 2023 | £121,146 | £120,000 | 31 MOWBRAY STREET |
| 14 Jul 2023 | £353,342 | £350,000 | 23 KING RICHARD STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Nov 2021. Using an estimated price of £174,421 means this house is valued at £2,642 per sq meter (£245 per sq foot).
The average size of a house on GRANTHAM STREET is 105 sq meters (1,131 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Grantham Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grantham Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grantham Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Richard Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Richard Street |