£113,283
This estimated value is based upon the latest sale price for the house of £90,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 9 Feb 2018 |
| £67,500 | 29 Jun 2015 |
| £62,000 | 18 Jul 2003 |
| £36,000 | 20 Oct 2000 |
| £23,995 | 31 May 1995 |
| 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £90,000 results in an estimated price of approximately £113,283.
| 9 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £90,000 | £23,283 | £113,283 |
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 | 31.545 % | £28,390 | £118,390 |
| 3 Month Average | 19.709 % | £17,737 | £107,737 |
| 6 Month Average | 28.611 % | £25,750 | £115,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £116,000 | £116,000 | FLAT 70 HENLEY COURT GRESLEY ROAD |
| 2 Nov 2023 | £268,824 | £262,000 | 11 SHULMANS WALK |
| 20 Oct 2023 | £198,509 | £194,000 | 5 LETCHLADE CLOSE |
| 6 Oct 2023 | £117,673 | £115,000 | FLAT 75 FIELD COURT GRESLEY ROAD |
| 18 Aug 2023 | £257,647 | £253,000 | 15 SHULMANS WALK |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 Apr 2021. Using an estimated price of £113,284 means this house is valued at £1,888 per sq meter (£175 per sq foot).
The average size of a house on GRESLEY ROAD is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Letchlade Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Letchlade Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Letchlade Close |
| Apr 2024 | Anti-social behaviour | On or near Newhall Road | |
| Apr 2024 | Anti-social behaviour | On or near Newhall Road |