£239,751
This estimated value is based upon the latest sale price for the house of £59,500 on 6 Dec 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Grange Road
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| Price Paid | Date |
|---|---|
| £59,500 | 6 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 1999 the House Price Index for WEST MIDLANDS was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £59,500 results in an estimated price of approximately £239,751.
| 6 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £59,500 | £180,251 | £239,751 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 314.000 % | £186,829 | £246,329 |
| 3 Month Average | 273.750 % | £162,881 | £222,381 |
| 6 Month Average | 367.765 % | £218,820 | £278,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £259,541 | £255,000 | 14 CREED WAY |
| 12 Jul 2023 | £212,865 | £210,000 | 43 LODGE ROAD |
| 24 Mar 2023 | £269,539 | £267,000 | 24 GRANGE ROAD |
| 30 Nov 2022 | £74,102 | £75,000 | 55 GRANGE ROAD |
| 21 Apr 2022 | £57,669 | £56,000 | FLAT 2 BRIARLEY BEACONVIEW ROAD |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 6 Sep 2014. Using an estimated price of £239,751 means this house is valued at £1,268 per sq meter (£117 per sq foot).
The average size of a house on EDWARD STREET is 161 sq meters (1,735 sq feet).
This house is the largest in the street with a floor area of 189 sq meters (2,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Grange Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |
| Feb 2024 | Burglary | Under investigation | On or near Grange Road |