£246,010
This estimated value is based upon the latest sale price for the house of £185,500 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,500 | 8 Jul 2016 |
| £81,500 | 20 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £185,500 results in an estimated price of approximately £246,010.
| 8 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.620 % | £185,500 | £60,510 | £246,010 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 5.688 % | £10,550 | £196,050 |
| 3 Month Average | 6.186 % | £11,474 | £196,974 |
| 6 Month Average | 25.671 % | £47,619 | £233,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £275,207 | £270,000 | 62 BARN LANE |
| 11 Aug 2023 | £226,377 | £225,000 | 11 BARN LANE |
| 14 Apr 2023 | £231,722 | £230,000 | 56 ROCK ROAD |
| 26 Jan 2023 | £287,475 | £290,000 | 25 BARN LANE |
| 5 Sep 2022 | £318,625 | £322,500 | 56 BARN LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 23 Mar 2016. Using an estimated price of £246,010 means this house is valued at £2,617 per sq meter (£243 per sq foot).
The average size of a house on ROCK GROVE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flintham Close |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Flintham Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flintham Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flintham Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Howard Road |