£252,055
This estimated value is based upon the latest sale price for the house of £137,500 on 5 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£137,500 | 5 Aug 2005 |
£74,950 | 20 Apr 2001 |
£52,000 | 23 May 1995 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £137,500 results in an estimated price of approximately £252,055.
5 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 148.6 | 83.313 % | £137,500 | £114,555 | £252,055 |
The Postcode Pricing Model uses changes in average sales price within the B34 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 | 5.724 % | £7,870 | £145,370 |
3 Month Average | 64.018 % | £88,024 | £225,524 |
6 Month Average | 69.483 % | £95,538 | £233,038 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £201,765 | £200,000 | 54 BUSHBURY ROAD |
2 Aug 2023 | £146,078 | £144,800 | 14 BUSHBURY ROAD |
8 Jul 2022 | £203,548 | £203,000 | 92 GLEBE FARM ROAD |
24 Jun 2022 | £204,388 | £201,500 | 15 BURDONS CLOSE |
17 May 2022 | £244,609 | £240,000 | 9 GREETVILLE CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Aug 2014. Using an estimated price of £252,055 means this house is valued at £3,500 per sq meter (£325 per sq foot).
The average size of a house on GREETVILLE CLOSE is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Awaiting court outcome | On or near Greetville Close |
Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Greetville Close |
Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Greetville Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greetville Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greetville Close |