£406,776
This estimated value is based upon the latest sale price for the house of £336,000 on 28 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Gracewell Road
More crime details
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| Price Paid | Date |
|---|---|
| £336,000 | 28 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £336,000 results in an estimated price of approximately £406,776.
| 28 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £336,000 | £70,776 | £406,776 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | -25.410 % | £-85,377 | £250,622 |
| 3 Month Average | -9.907 % | £-33,286 | £302,713 |
| 6 Month Average | 8.200 % | £27,553 | £363,553 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 26 Feb 2019.
The average size of a house on WAKE GREEN ROAD is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gracewell Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gracewell Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Gracewell Road |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Gracewell Road |
| Feb 2024 | Drugs | Local resolution | On or near Gracewell Road |