£295,335
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near The Green
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Price Paid | Date |
---|---|
£240,000 | 1 Aug 2019 |
£122,000 | 24 Jul 2013 |
Semi-Detached |
Leasehold |
Floor Area: 68 sq meters or 732 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £240,000 results in an estimated price of approximately £295,335.
1 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £240,000 | £55,335 | £295,335 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | -4.683 % | £-11,238 | £228,761 |
3 Month Average | 26.887 % | £64,528 | £304,528 |
6 Month Average | 27.273 % | £65,455 | £305,455 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £136,655 | £135,000 | FLAT 403 GROSVENOR COURT, 58 THE GREEN |
5 Apr 2023 | £136,469 | £135,000 | FLAT 110 GROSVENOR COURT, 58 THE GREEN |
23 Feb 2023 | £114,923 | £115,000 | FLAT 210 GROSVENOR COURT, 58 THE GREEN |
27 Oct 2022 | £177,093 | £179,000 | APARTMENT 30 AWDRY COURT, 15 ST NICOLAS GARDENS |
3 Aug 2022 | £119,678 | £120,000 | APARTMENT 23 AWDRY COURT, 15 ST NICOLAS GARDENS |
This house has a floor area of 68 sq meters or 732 sq feet when measured on 27 Mar 2012. Using an estimated price of £295,336 means this house is valued at £4,339 per sq meter (£403 per sq foot).
The average size of a house on OLD TOWN CLOSE is 84 sq meters (912 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (732 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near The Green |
Mar 2024 | Burglary | Unable to prosecute suspect | On or near The Green |
Mar 2024 | Other theft | Under investigation | On or near The Green |
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Green |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Green |