£91,265
This estimated value is based upon the latest sale price for the house of £73,333 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £73,333 | 15 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £73,333 results in an estimated price of approximately £91,265.
| 15 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £73,333 | £17,932 | £91,265 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 32.795 % | £24,049 | £97,382 |
| 3 Month Average | 41.727 % | £30,599 | £103,932 |
| 6 Month Average | 30.124 % | £22,090 | £95,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £38,837 | £38,500 | 39 GROSVENOR PARK |
| 27 Mar 2024 | £39,609 | £39,000 | 44 GROSVENOR PARK |
| 15 Dec 2023 | £37,141 | £36,000 | 29 GROSVENOR PARK |
| 28 Apr 2023 | £53,501 | £52,500 | 10 GROSVENOR PARK |
| 21 Nov 2022 | £318,461 | £319,950 | 2 HOPSTONE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hopstone Gardens |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hopstone Gardens |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Grosvenor Park |
| Jul 2024 | Anti-social behaviour | On or near Grosvenor Park | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Park |