£197,825
This estimated value is based upon the latest sale price for the house of £130,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 4 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 52.174%.Applying this 52.174% change to the original purchase price of £130,000 results in an estimated price of approximately £197,825.
| 4 Jul 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.0 | 52.174 % | £130,000 | £67,825 | £197,825 |
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 | 36.410 % | £47,333 | £177,333 |
| 3 Month Average | 61.728 % | £80,246 | £210,246 |
| 6 Month Average | 64.316 % | £83,611 | £213,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £206,676 | £205,000 | 254 GRANGEMOUTH ROAD |
| 15 Jul 2022 | £216,707 | £217,000 | 317 MIDDLEMARCH ROAD |
| 20 Apr 2022 | £225,641 | £220,000 | 271 MIDDLEMARCH ROAD |
| 18 Mar 2022 | £216,736 | £210,000 | 250 GRANGEMOUTH ROAD |
| 27 Aug 2021 | £183,333 | £165,000 | 278 GRANGEMOUTH ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 7 Jan 2016. Using an estimated price of £197,826 means this house is valued at £2,173 per sq meter (£201 per sq foot).
The average size of a house on MIDDLEMARCH ROAD is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grangemouth Road |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Grangemouth Road |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Grangemouth Road |
| Mar 2024 | Drugs | Under investigation | On or near Grangemouth Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grangemouth Road |