£201,924
This estimated value is based upon the latest sale price for the house of £145,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Drury Lane
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| Price Paid | Date |
|---|---|
| £145,000 | 27 Nov 2015 |
| £79,950 | 28 Feb 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £145,000 results in an estimated price of approximately £201,924.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £145,000 | £56,924 | £201,924 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -30.268 % | £-43,889 | £101,110 |
| 3 Month Average | 41.833 % | £60,657 | £205,657 |
| 6 Month Average | 33.243 % | £48,202 | £193,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £688,807 | £680,000 | 21 GREENFIELD AVENUE |
| 28 Jun 2023 | £116,410 | £115,000 | 19 WEBB COURT |
| 23 Jun 2023 | £116,410 | £115,000 | 22 WEBB COURT |
| 20 Jun 2023 | £265,213 | £262,000 | 1 FAULKNER CLOSE |
| 23 Jan 2023 | £186,621 | £187,500 | 39 HILL STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 21 Mar 2012. Using an estimated price of £201,925 means this house is valued at £2,766 per sq meter (£256 per sq foot).
The average size of a house on GREENFIELD AVENUE is 149 sq meters (1,607 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drury Lane |
| Jan 2024 | Burglary | Under investigation | On or near Drury Lane |
| Jan 2024 | Anti-social behaviour | On or near Drury Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drury Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drury Lane |