£205,740
This estimated value is based upon the latest sale price for the house of £162,000 on 7 Nov 2017. 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 Holly Grove
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Price Paid | Date |
---|---|
£162,000 | 7 Nov 2017 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £162,000 results in an estimated price of approximately £205,740.
7 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £162,000 | £43,740 | £205,740 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 85.209 % | £138,038 | £300,038 |
3 Month Average | 13.953 % | £22,604 | £184,604 |
6 Month Average | 25.781 % | £41,765 | £203,765 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £310,000 | £310,000 | 1 CEDAR GROVE |
8 Aug 2023 | £330,969 | £325,000 | 10 BROADLEAF GARDENS |
15 Jun 2023 | £162,252 | £159,000 | 20 HOLLY GROVE |
7 Feb 2023 | £221,479 | £220,000 | 5 BROADLEAF GARDENS |
25 Jan 2023 | £426,139 | £425,000 | 17 BROADLEAF GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Jun 2017. Using an estimated price of £205,740 means this house is valued at £2,449 per sq meter (£227 per sq foot).
The average size of a house on HOLLY GROVE is 94 sq meters (1,013 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Holly Grove |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Holly Grove |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Holly Grove |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Holly Grove |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Broadleaf Gardens |