£168,431
This estimated value is based upon the latest sale price for the house of £97,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£97,000 | 16 Dec 2011 |
Semi-Detached |
Leasehold |
Floor Area: 83 sq meters or 893 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 December 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £97,000 results in an estimated price of approximately £168,431.
16 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £97,000 | £71,431 | £168,431 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 123.175 % | £119,479 | £216,479 |
3 Month Average | 103.486 % | £100,381 | £197,381 |
6 Month Average | 92.836 % | £90,051 | £187,051 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £183,500 | £183,500 | 135 BILLINGSLEY ROAD |
6 Mar 2024 | £255,932 | £252,000 | 220 GARRETTS GREEN LANE |
28 Feb 2023 | £206,379 | £205,000 | 151 BILLINGSLEY ROAD |
27 Jan 2023 | £225,603 | £225,000 | 84 BILLINGSLEY ROAD |
26 Jan 2023 | £260,697 | £260,000 | 19 NEWELLS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Aug 2015. Using an estimated price of £168,432 means this house is valued at £2,029 per sq meter (£188 per sq foot).
The average size of a house on GARRETTS GREEN LANE is 90 sq meters (977 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Garretts Green Lane |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Garretts Green Lane |
May 2024 | Anti-social behaviour | On or near Garretts Green Lane | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garretts Green Lane |
May 2024 | Violence and sexual offences | Under investigation | On or near Garretts Green Lane |