£245,377
This estimated value is based upon the latest sale price for the house of £145,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 30 Nov 2012 |
| £129,950 | 27 Jun 2003 |
| £80,000 | 17 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £145,000 results in an estimated price of approximately £245,377.
| 30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £145,000 | £100,377 | £245,377 |
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 | 121.260 % | £175,826 | £320,826 |
| 3 Month Average | 62.495 % | £90,617 | £235,617 |
| 6 Month Average | 68.775 % | £99,723 | £244,723 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2022 | £110,297 | £110,000 | FLAT 7 SPRINGFIELD COURT SPRINGFIELD LANE |
| 17 Jun 2022 | £253,584 | £250,000 | 40 LINGFIELD AVENUE |
| 27 May 2022 | £249,705 | £245,000 | 41 LINGFIELD AVENUE |
| 20 May 2022 | £241,551 | £237,000 | 8 LINGFIELD AVENUE |
| 9 Jul 2021 | £201,121 | £175,000 | 32 TAUNTON AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Feb 2015. Using an estimated price of £245,377 means this house is valued at £3,067 per sq meter (£284 per sq foot).
The average size of a house on GREENFIELD LANE is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Brabourne Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wetherby Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wetherby Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Broadlands |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broadlands |