£381,961
This estimated value is based upon the latest sale price for the house of £356,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £356,000 | 24 Jun 2021 |
| £217,500 | 17 Mar 2010 |
| £138,000 | 3 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,325 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £356,000 results in an estimated price of approximately £381,961.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £356,000 | £25,961 | £381,961 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | -25.830 % | £-91,955 | £264,044 |
| 3 Month Average | -25.142 % | £-89,506 | £266,493 |
| 6 Month Average | -20.291 % | £-72,235 | £283,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2022 | £290,783 | £290,000 | 76 GRETNA ROAD |
| 15 Jul 2022 | £280,756 | £280,000 | 20 GRETNA ROAD |
| 7 Jul 2022 | £225,607 | £225,000 | 83 BEANFIELD AVENUE |
| 22 Apr 2022 | £295,552 | £287,000 | 5 GRETNA ROAD |
| 7 Jan 2022 | £365,186 | £347,000 | 60 GRETNA ROAD |
This house has a floor area of 123 sq meters or 1,325 sq feet when measured on 15 Aug 2009. Using an estimated price of £381,961 means this house is valued at £3,102 per sq meter (£288 per sq foot).
The average size of a house on GRETNA ROAD is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ilfracombe Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Handcross Grove |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jedburgh Grove |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beanfield Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gretna Road |