£177,856
This estimated value is based upon the latest sale price for the house of £112,000 on 26 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £112,000 | 26 Jul 2007 |
| £105,000 | 15 Oct 2004 |
| £40,000 | 23 Feb 2004 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £112,000 results in an estimated price of approximately £177,856.
| 26 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £112,000 | £65,856 | £177,856 |
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 | 67.106 % | £75,159 | £187,159 |
| 3 Month Average | 57.081 % | £63,930 | £175,930 |
| 6 Month Average | 64.244 % | £71,952 | £183,952 |
| 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 72 sq meters or 775 sq feet when measured on 2 Feb 2011. Using an estimated price of £177,857 means this house is valued at £2,468 per sq meter (£229 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 |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cheveral Avenue |