£200,441
This estimated value is based upon the latest sale price for the house of £159,950 on 6 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£159,950 | 6 Jun 2018 |
£122,000 | 16 May 2014 |
£43,950 | 3 Sep 1999 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £159,950 results in an estimated price of approximately £200,441.
6 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £159,950 | £40,491 | £200,441 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 111.250 % | £177,944 | £337,894 |
3 Month Average | 36.638 % | £58,603 | £218,553 |
6 Month Average | 40.993 % | £65,567 | £225,517 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £93,815 | £93,000 | 6 GREEN LANE |
14 Mar 2024 | £181,793 | £179,000 | 6 SPRING STREET |
23 Nov 2023 | £135,951 | £132,500 | 36 PEDMORE ROAD |
12 Oct 2023 | £184,183 | £180,000 | 18 GREEN LANE |
22 Sep 2023 | £166,674 | £163,000 | 35 SPRING STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Jun 2014. Using an estimated price of £200,441 means this house is valued at £2,904 per sq meter (£269 per sq foot).
The average size of a house on GREEN LANE is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Anti-social behaviour | On or near Green Lane | |
Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield Road |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield Road |