£139,966
This estimated value is based upon the latest sale price for the house of £30,000 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£30,000 | 30 Oct 1998 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 October 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £30,000 results in an estimated price of approximately £139,966.
30 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.555 % | £30,000 | £109,966 | £139,966 |
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 | 330.454 % | £99,136 | £129,136 |
3 Month Average | 295.579 % | £88,673 | £118,673 |
6 Month Average | 304.764 % | £91,429 | £121,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £185,706 | £180,000 | 20 GREENHILL ROAD |
20 Dec 2023 | £226,974 | £220,000 | 18 GREENHILL ROAD |
26 Sep 2023 | £252,568 | £247,000 | 6 VICARAGE ROAD |
1 Sep 2023 | £190,193 | £186,000 | 1 GREENHILL ROAD |
20 Feb 2023 | £157,049 | £156,000 | 7 NETHERGATE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Oct 2017. Using an estimated price of £139,966 means this house is valued at £1,666 per sq meter (£154 per sq foot).
The average size of a house on VICARAGE ROAD is 126 sq meters (1,364 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Greenhill Road | |
May 2024 | Other crime | Under investigation | On or near Greenhill Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nethergate |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nethergate |
May 2024 | Anti-social behaviour | On or near Green Lane |