£254,313
This estimated value is based upon the latest sale price for the house of £210,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 5 Jun 2020 |
| £152,000 | 17 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £210,000 results in an estimated price of approximately £254,313.
| 5 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £210,000 | £44,313 | £254,313 |
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 | 29.103 % | £61,116 | £271,116 |
| 3 Month Average | 8.219 % | £17,260 | £227,260 |
| 6 Month Average | 20.714 % | £43,499 | £253,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £248,342 | £245,000 | 31 TAUNTON AVENUE |
| 20 Jun 2023 | £248,004 | £245,000 | 1 TAUNTON AVENUE |
| 20 Oct 2022 | £252,284 | £255,000 | 8 TAUNTON AVENUE |
| 26 Aug 2022 | £236,364 | £237,000 | 26 TAUNTON AVENUE |
| 25 Aug 2022 | £179,517 | £180,000 | 14 TAUNTON AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Dec 2019. Using an estimated price of £254,313 means this house is valued at £3,390 per sq meter (£315 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heaton Close |