£182,723
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £150,000 results in an estimated price of approximately £182,723.
| 29 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £150,000 | £32,723 | £182,723 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 14.433 % | £21,650 | £171,650 |
| 3 Month Average | 13.928 % | £20,892 | £170,892 |
| 6 Month Average | 16.973 % | £25,459 | £175,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £169,297 | £165,000 | 44 INCHLAGGAN ROAD |
| 2 Nov 2023 | £184,688 | £180,000 | 56 INCHLAGGAN ROAD |
| 24 Jun 2022 | £1,088,263 | £1,065,000 | 4 RAYNOR PARADE RAYNOR ROAD |
| 25 Mar 2022 | £193,128 | £185,000 | 18 MASSBROOK GROVE |
| 21 Jan 2022 | £197,197 | £186,000 | 20 MANDALE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Jul 2020. Using an estimated price of £182,723 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on MASSBROOK GROVE is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Massbrook Grove |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Massbrook Grove |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Massbrook Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mandale Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Mandale Road |