£221,442
This estimated value is based upon the latest sale price for the house of £160,000 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 4 Dec 2015 |
| £86,500 | 26 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 837 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £160,000 results in an estimated price of approximately £221,442.
| 4 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £160,000 | £61,442 | £221,442 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 53.817 % | £86,107 | £246,107 |
| 3 Month Average | 33.991 % | £54,385 | £214,385 |
| 6 Month Average | 33.412 % | £53,459 | £213,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £281,601 | £278,000 | 59 HIGHWOOD AVENUE |
| 25 Aug 2023 | £259,268 | £257,000 | 9 CASTLE CLOSE |
| 9 Jun 2023 | £118,435 | £117,000 | 54 REDFERN CLOSE |
| 25 Nov 2022 | £145,241 | £147,000 | 81 REDFERN CLOSE |
| 29 Jun 2022 | £228,225 | £225,000 | 34 CRANHILL CLOSE |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 26 Feb 2012. Using an estimated price of £221,442 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on BERWOOD GROVE is 92 sq meters (1,000 sq feet).
This house is the largest in the street with a floor area of 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranhill Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highwood Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highwood Avenue |
| Jan 2024 | Drugs | Local resolution | On or near Highwood Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Highwood Avenue |