£72,834
This estimated value is based upon the latest sale price for the house of £15,000 on 7 Nov 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £15,000 | 7 Nov 1997 |
| Terraced |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 1997 the House Price Index for WEST MIDLANDS was 30.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 385.566%.Applying this 385.566% change to the original purchase price of £15,000 results in an estimated price of approximately £72,834.
| 7 Nov 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 146.7 | 385.566 % | £15,000 | £57,834 | £72,834 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 352.954 % | £52,943 | £67,943 |
| 3 Month Average | 330.644 % | £49,596 | £64,596 |
| 6 Month Average | 319.896 % | £47,984 | £62,984 |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 21 Jul 2021.
The average size of a house on GROVE STREET is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Watsons Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Lambert Fold |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lambert Fold |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bishop Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bishop Close |