£72,976
This estimated value is based upon the latest sale price for the house of £50,000 on 7 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 7 May 2015 |
| £15,000 | 8 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £50,000 results in an estimated price of approximately £72,976.
| 7 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £50,000 | £22,976 | £72,976 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 119.291 % | £59,645 | £109,645 |
| 3 Month Average | 58.585 % | £29,292 | £79,292 |
| 6 Month Average | 57.661 % | £28,830 | £78,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £60,902 | £60,000 | 38 MARCHANT ROAD |
| 23 Jun 2023 | £111,349 | £110,000 | 84 GREEN LANES |
| 9 Jun 2023 | £124,508 | £123,000 | 25 LOWBRIDGE WALK |
| 27 Jan 2023 | £159,250 | £160,000 | 14 LIME GROVE |
| 18 Aug 2022 | £75,796 | £76,000 | 121A GREEN LANES |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 6 Feb 2016. Using an estimated price of £72,977 means this house is valued at £960 per sq meter (£89 per sq foot).
The average size of a house on GREEN LANES is 93 sq meters (1,009 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Haddock Road | |
| Mar 2024 | Anti-social behaviour | On or near Haddock Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Haddock Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Bayliss Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Green Lanes |