£148,813
This estimated value is based upon the latest sale price for the house of £99,950 on 20 Feb 2015. 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 Grangemouth Road
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| Price Paid | Date |
|---|---|
| £99,950 | 20 Feb 2015 |
| £38,000 | 8 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 611 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £99,950 results in an estimated price of approximately £148,813.
| 20 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £99,950 | £48,863 | £148,813 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 63.644 % | £63,612 | £163,562 |
| 3 Month Average | 66.579 % | £66,545 | £166,495 |
| 6 Month Average | 59.018 % | £58,988 | £158,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £175,699 | £173,000 | 293 MIDDLEMARCH ROAD |
| 12 Oct 2023 | £225,113 | £220,000 | 241 MIDDLEMARCH ROAD |
| 1 Jun 2023 | £209,192 | £205,000 | 254 GRANGEMOUTH ROAD |
| 24 Mar 2023 | £183,057 | £180,000 | 423 GRANGEMOUTH ROAD |
| 6 Jan 2023 | £206,051 | £205,500 | 273 MIDDLEMARCH ROAD |
This house has a floor area of 56 sq meters or 611 sq feet when measured on 17 May 2011. Using an estimated price of £148,814 means this house is valued at £2,619 per sq meter (£243 per sq foot).
The average size of a house on MIDDLEMARCH ROAD is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grangemouth Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Grangemouth Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grangemouth Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Grangemouth Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grangemouth Road |