£104,840
This estimated value is based upon the latest sale price for the house of £78,500 on 2 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £78,500 | 2 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £78,500 results in an estimated price of approximately £104,840.
| 2 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £78,500 | £26,340 | £104,840 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 21.321 % | £16,736 | £95,236 |
| 3 Month Average | 15.685 % | £12,312 | £90,812 |
| 6 Month Average | 44.818 % | £35,182 | £113,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £265,937 | £262,000 | 11 SHULMANS WALK |
| 18 Aug 2023 | £126,103 | £125,000 | 34 GRESLEY ROAD |
| 18 Aug 2023 | £255,233 | £253,000 | 15 SHULMANS WALK |
| 16 Sep 2021 | £119,613 | £111,000 | FLAT 81 FIELD COURT GRESLEY ROAD |
| 31 Aug 2021 | £164,553 | £147,500 | 14 NEWHALL ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 20 Jan 2016. Using an estimated price of £104,841 means this house is valued at £1,776 per sq meter (£165 per sq foot).
The average size of a house on GRESLEY ROAD is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Shulman'S Walk |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newhall Road |
| Jan 2024 | Anti-social behaviour | On or near Newhall Road | |
| Jan 2024 | Anti-social behaviour | On or near Newhall Road | |
| Jan 2024 | Anti-social behaviour | On or near Newhall Road |