£150,818
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 1 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £100,000 results in an estimated price of approximately £150,818.
| 1 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £100,000 | £50,818 | £150,818 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 192.980 % | £192,980 | £292,980 |
| 3 Month Average | 33.242 % | £33,242 | £133,242 |
| 6 Month Average | 50.791 % | £50,790 | £150,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £176,533 | £175,000 | 61 THE GROVE |
| 7 Mar 2024 | £132,028 | £130,000 | 24 THE GROVE |
| 30 Jun 2023 | £206,131 | £202,000 | 52 BROOKLANDS |
| 25 Jan 2023 | £185,496 | £185,000 | 25 BRACKENDALE DRIVE |
| 3 Nov 2022 | £139,348 | £140,000 | 17 BROOKLANDS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Apr 2014. Using an estimated price of £150,819 means this house is valued at £1,885 per sq meter (£175 per sq foot).
The average size of a house on THE GROVE is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Grove |
| May 2024 | Other crime | Unable to prosecute suspect | On or near The Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Thorncroft Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorncroft Way |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorncroft Way |