£178,465
This estimated value is based upon the latest sale price for the house of £128,000 on 15 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£128,000 | 15 Dec 2015 |
£81,000 | 3 Dec 2003 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 663 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £128,000 results in an estimated price of approximately £178,465.
15 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £128,000 | £50,465 | £178,465 |
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 | 43.777 % | £56,034 | £184,034 |
3 Month Average | 41.785 % | £53,484 | £181,484 |
6 Month Average | 48.649 % | £62,271 | £190,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £223,433 | £220,000 | 95 GRANGEMOUTH ROAD |
8 Dec 2023 | £179,000 | £173,500 | 10 GRANGEMOUTH ROAD |
29 Sep 2023 | £51,674 | £50,535 | 109 MIDDLEMARCH ROAD |
24 Feb 2023 | £251,681 | £250,000 | 103 MIDDLEMARCH ROAD |
16 Nov 2022 | £184,139 | £185,000 | 54 GRANGEMOUTH ROAD |
This house has a floor area of 61 sq meters or 663 sq feet when measured on 4 Jun 2010. Using an estimated price of £178,465 means this house is valued at £2,897 per sq meter (£269 per sq foot).
The average size of a house on GRANGEMOUTH ROAD is 73 sq meters (793 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lanchester Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lanchester Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lanchester Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lanchester Road |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bardley Drive |