£662,872
This estimated value is based upon the latest sale price for the house of £500,000 on 19 May 2016. 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 Connaught Close
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| Price Paid | Date |
|---|---|
| £500,000 | 19 May 2016 |
| Detached |
| Freehold |
| Floor Area: 227 sq meters or 2,443 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 32.574%.Applying this 32.574% change to the original purchase price of £500,000 results in an estimated price of approximately £662,872.
| 19 May 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 146.7 | 32.574 % | £500,000 | £162,872 | £662,872 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -7.029 % | £-35,145 | £464,854 |
| 3 Month Average | 61.719 % | £308,595 | £808,595 |
| 6 Month Average | 49.028 % | £245,140 | £745,140 |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 31 Jul 2016.
The average size of a house on GREAVES AVENUE is 157 sq meters (1,698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Connaught Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martin Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Norman Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Norman Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Road |