£361,204
This estimated value is based upon the latest sale price for the house of £256,000 on 4 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £256,000 | 4 Aug 2015 |
| £255,000 | 20 May 2015 |
| £315,000 | 6 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,100 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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £256,000 results in an estimated price of approximately £361,204.
| 4 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £256,000 | £105,204 | £361,204 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 83.051 % | £212,611 | £468,611 |
| 3 Month Average | 25.435 % | £65,114 | £321,114 |
| 6 Month Average | 33.376 % | £85,443 | £341,443 |
This house has a floor area of 102 sq meters or 1,100 sq feet when measured on 19 Sep 2011.
The average size of a house on GROVE LANE is 199 sq meters (2,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kirstead Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tor Lodge Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Tor Lodge Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tor Lodge Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Church Road |