£218,508
This estimated value is based upon the latest sale price for the house of £144,000 on 25 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £144,000 | 25 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 51.742%.Applying this 51.742% change to the original purchase price of £144,000 results in an estimated price of approximately £218,508.
| 25 Jun 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 146.7 | 51.742 % | £144,000 | £74,508 | £218,508 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 106.360 % | £153,158 | £297,158 |
| 3 Month Average | 75.535 % | £108,770 | £252,770 |
| 6 Month Average | 55.433 % | £79,823 | £223,823 |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 30 Jul 2013.
The average size of a house on GRAVELLY LANE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gravelly Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gravelly Gardens |
| Jan 2024 | Anti-social behaviour | On or near Gravelly Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Gravelly Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Gravelly Gardens |