£115,764
This estimated value is based upon the latest sale price for the house of £110,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 31 Jan 2022 |
| £97,950 | 30 Apr 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £110,000 results in an estimated price of approximately £115,764.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £110,000 | £5,764 | £115,764 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 50.221 % | £55,242 | £165,242 |
| 3 Month Average | -1.714 % | £-1,885 | £108,114 |
| 6 Month Average | 12.035 % | £13,238 | £123,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £283,626 | £280,000 | 20 EUROPA GARDENS |
| 25 Aug 2023 | £163,934 | £162,500 | 16 DONINGTON GROVE |
| 7 Aug 2023 | £131,147 | £130,000 | 70 DONINGTON GROVE |
| 2 Jun 2023 | £126,533 | £125,000 | 60 DONINGTON GROVE |
| 22 Jul 2022 | £220,594 | £220,000 | 35 MERCURY DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Mar 2015. Using an estimated price of £115,765 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on DONINGTON GROVE is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Donington Grove |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Donington Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Donington Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallory Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallory Road |