£170,798
This estimated value is based upon the latest sale price for the house of £170,000 on 16 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 16 Aug 2022 |
| £123,000 | 28 Jul 2017 |
| £113,950 | 21 Apr 2011 |
| £63,950 | 23 Nov 2001 |
| £44,000 | 26 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 621 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £170,000 results in an estimated price of approximately £170,798.
| 16 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £170,000 | £798 | £170,798 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 29.274 % | £49,765 | £219,765 |
| 3 Month Average | 1.041 % | £1,770 | £171,770 |
| 6 Month Average | 5.940 % | £10,097 | £180,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £246,601 | £241,000 | 58 GROSVENOR ROAD |
| 25 Aug 2023 | £159,884 | £157,000 | 60 CENTRAL DRIVE |
| 14 Aug 2023 | £203,673 | £200,000 | 68 CENTRAL DRIVE |
| 10 Aug 2023 | £190,435 | £187,000 | 5 PENNY ROYAL CLOSE |
| 4 Aug 2023 | £92,671 | £91,000 | FLAT 2 GROSVENOR COURT GROSVENOR ROAD |
This house has a floor area of 57 sq meters or 621 sq feet when measured on 9 Feb 2011. Using an estimated price of £170,799 means this house is valued at £2,959 per sq meter (£274 per sq foot).
The average size of a house on GROSVENOR ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Central Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Central Drive |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Central Drive |
| Jul 2024 | Public order | Under investigation | On or near Harcourt Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harcourt Drive |