£141,137
This estimated value is based upon the latest sale price for the house of £83,000 on 1 Feb 2013. 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 Grosvenor Road
More crime details
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| Price Paid | Date |
|---|---|
| £83,000 | 1 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 969 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 2013 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £83,000 results in an estimated price of approximately £141,137.
| 1 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £83,000 | £58,137 | £141,137 |
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 | 45.689 % | £37,921 | £120,921 |
| 3 Month Average | 76.613 % | £63,588 | £146,588 |
| 6 Month Average | 71.779 % | £59,576 | £142,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £159,914 | £155,000 | 15 BENTLEY ROAD |
| 15 Dec 2023 | £170,231 | £165,000 | 4 FAIRFAX ROAD |
| 9 Mar 2023 | £149,497 | £147,000 | 81 SCHOOL LANE |
| 23 Feb 2023 | £206,379 | £205,000 | 2 FAIRFAX ROAD |
| 13 Feb 2023 | £95,639 | £95,000 | 13 NORTHWOOD PARK ROAD |
This house has a floor area of 90 sq meters or 969 sq feet when measured on 27 Feb 2012. Using an estimated price of £141,138 means this house is valued at £1,566 per sq meter (£145 per sq foot).
The average size of a house on SCHOOL LANE is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Grosvenor Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Somerford Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerford Gardens |