£145,878
This estimated value is based upon the latest sale price for the house of £78,500 on 10 Nov 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Letchlade Close
More crime details
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| Price Paid | Date |
|---|---|
| £78,500 | 10 Nov 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 November 2004 the House Price Index for WEST MIDLANDS was 78.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.833%.Applying this 85.833% change to the original purchase price of £78,500 results in an estimated price of approximately £145,878.
| 10 Nov 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 146.7 | 85.833 % | £78,500 | £67,378 | £145,878 |
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 | 42.778 % | £33,580 | £112,080 |
| 3 Month Average | 48.601 % | £38,151 | £116,651 |
| 6 Month Average | 76.233 % | £59,843 | £138,343 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 29 Sep 2020.
The average size of a house on GRESLEY ROAD is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Letchlade Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Letchlade Close |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Letchlade Close |
| 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 |