£232,779
This estimated value is based upon the latest sale price for the house of £41,000 on 27 Feb 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£41,000 | 27 Feb 1996 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 1996 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £41,000 results in an estimated price of approximately £232,779.
27 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 149.7 | 467.755 % | £41,000 | £191,779 | £232,779 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 294.924 % | £120,918 | £161,918 |
3 Month Average | 368.266 % | £150,989 | £191,989 |
6 Month Average | 395.352 % | £162,094 | £203,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £272,922 | £268,000 | 31 FARMBROOK AVENUE |
3 Mar 2023 | £345,774 | £340,000 | 2 HOLME MILL |
16 Feb 2023 | £221,479 | £220,000 | 5 MILLDALE ROAD |
2 Feb 2023 | £307,051 | £305,000 | 607 STAFFORD ROAD |
14 Nov 2022 | £233,906 | £235,000 | 11 MILL GREEN |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 9 Apr 2015. Using an estimated price of £232,780 means this house is valued at £3,423 per sq meter (£318 per sq foot).
The average size of a house on MILL GREEN is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Green |
Jul 2024 | Vehicle crime | Under investigation | On or near Mill Green |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Green |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Green |
May 2024 | Public order | Unable to prosecute suspect | On or near Mill Green |