£237,073
This estimated value is based upon the latest sale price for the house of £128,000 on 8 Jul 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£128,000 | 8 Jul 2005 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 July 2005 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £128,000 results in an estimated price of approximately £237,073.
8 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.214 % | £128,000 | £109,073 | £237,073 |
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 | 40.108 % | £51,337 | £179,337 |
3 Month Average | 79.008 % | £101,129 | £229,129 |
6 Month Average | 84.174 % | £107,742 | £235,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £235,041 | £233,000 | 6 WHEATON CLOSE |
18 Dec 2023 | £206,340 | £200,000 | 3 WHEATON CLOSE |
3 Nov 2023 | £235,990 | £230,000 | 28 GREEN DRIVE |
29 Jun 2023 | £162,252 | £159,000 | 37 GREEN DRIVE |
2 Jun 2023 | £127,556 | £125,000 | 60 DONINGTON GROVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 21 Aug 2014. Using an estimated price of £237,073 means this house is valued at £3,339 per sq meter (£310 per sq foot).
The average size of a house on GREEN DRIVE is 90 sq meters (971 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Green Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheaton Close |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Greenwood Road |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Greenwood Road |
May 2024 | Public order | Unable to prosecute suspect | On or near Greenwood Road |