£184,138
This estimated value is based upon the latest sale price for the house of £185,000 on 16 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 16 Nov 2022 |
| £87,500 | 25 Jun 2004 |
| £67,000 | 7 Mar 2003 |
| £35,800 | 18 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £185,000 results in an estimated price of approximately £184,138.
| 16 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £185,000 | £-861 | £184,138 |
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 | -3.558 % | £-6,581 | £178,418 |
| 3 Month Average | 5.001 % | £9,252 | £194,252 |
| 6 Month Average | -1.157 % | £-2,139 | £182,860 |
| 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 65 sq meters or 699 sq feet when measured on 16 Sep 2020. Using an estimated price of £184,139 means this house is valued at £2,832 per sq meter (£263 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 | Under investigation | On or near Lanchester Road |
| Aug 2024 | Violence and sexual offences | Under investigation | 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 |
| Sep 2024 | Vehicle crime | Under investigation | On or near Cheveral Avenue |