£81,755
This estimated value is based upon the latest sale price for the house of £70,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 6 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 891 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £70,000 results in an estimated price of approximately £81,755.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £70,000 | £11,755 | £81,755 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 68.718 % | £48,102 | £118,102 |
| 3 Month Average | 7.509 % | £5,256 | £75,256 |
| 6 Month Average | 20.175 % | £14,122 | £84,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £134,044 | £131,000 | 3 MAXWELL ROAD |
| 12 Oct 2023 | £102,324 | £100,000 | 35 GRANVILLE STREET |
| 6 Jun 2023 | £129,597 | £127,000 | 33 MAXWELL ROAD |
| 21 Apr 2023 | £102,161 | £100,250 | 46 MAXWELL ROAD |
| 21 Mar 2023 | £147,463 | £145,000 | 31 GRANVILLE STREET |
This house has a floor area of 82 sq meters or 891 sq feet when measured on 9 Feb 2012. Using an estimated price of £81,755 means this house is valued at £987 per sq meter (£91 per sq foot).
The average size of a house on GRANVILLE STREET is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Granville Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Granville Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Granville Street |
| Jul 2024 | Public order | Under investigation | On or near Granville Street |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Maxwell Road |