£391,441
This estimated value is based upon the latest sale price for the house of £325,000 on 31 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 31 Mar 2020 |
| £215,000 | 30 Nov 2009 |
| £95,000 | 31 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £325,000 results in an estimated price of approximately £391,441.
| 31 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £325,000 | £66,441 | £391,441 |
The Postcode Pricing Model uses changes in average sales price within the B20 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 | 114.467 % | £372,016 | £697,016 |
| 3 Month Average | -3.276 % | £-10,646 | £314,353 |
| 6 Month Average | 29.355 % | £95,402 | £420,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £332,929 | £328,000 | 103 GRESTONE AVENUE |
| 29 Sep 2023 | £202,590 | £200,000 | 109 GRESTONE AVENUE |
| 1 Sep 2023 | £296,795 | £293,000 | 8 ASHCOMBE AVENUE |
| 21 Aug 2023 | £201,765 | £200,000 | 92 GRESTONE AVENUE |
| 31 Jul 2023 | £339,570 | £335,000 | 93 GRESTONE AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 29 Jan 2014. Using an estimated price of £391,442 means this house is valued at £3,403 per sq meter (£316 per sq foot).
The average size of a house on GRESTONE AVENUE is 128 sq meters (1,383 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Brosil Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brosil Avenue |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Grestone Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grestone Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grestone Avenue |