£160,267
This estimated value is based upon the latest sale price for the house of £109,000 on 8 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Grosvenor Road
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| Price Paid | Date |
|---|---|
| £109,000 | 8 May 2015 |
| £75,000 | 27 Feb 2004 |
| £38,500 | 15 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £109,000 results in an estimated price of approximately £160,267.
| 8 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £109,000 | £51,267 | £160,267 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 24.408 % | £26,604 | £135,604 |
| 3 Month Average | 66.037 % | £71,980 | £180,980 |
| 6 Month Average | 62.463 % | £68,085 | £177,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £159,914 | £155,000 | 15 BENTLEY ROAD |
| 18 Dec 2023 | £278,560 | £270,000 | 96 MORETON ROAD |
| 22 Sep 2023 | £194,283 | £190,000 | 133 ELSTON HALL LANE |
| 9 Mar 2023 | £149,497 | £147,000 | 81 SCHOOL LANE |
| 26 May 2022 | £169,414 | £165,000 | 37 SCHOOL LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 20 Aug 2013. Using an estimated price of £160,267 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on SCHOOL LANE is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Grosvenor Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Somerford Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerford Gardens |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Somerford Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerford Gardens |