£388,831
This estimated value is based upon the latest sale price for the house of £380,000 on 16 Oct 2023. 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 Greaves Close
More crime details
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| Price Paid | Date |
|---|---|
| £380,000 | 16 Oct 2023 |
| Detached |
| Freehold |
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 October 2023 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £380,000 results in an estimated price of approximately £388,831.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £380,000 | £8,831 | £388,831 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -17.954 % | £-68,224 | £311,775 |
| 3 Month Average | 8.340 % | £31,693 | £411,693 |
| 6 Month Average | 7.615 % | £28,936 | £408,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £415,000 | £415,000 | 9 RICHARD ROAD |
| 16 Oct 2023 | £388,831 | £380,000 | 10 RICHARD PLACE |
| 20 Sep 2023 | £414,129 | £405,000 | 2 MARTIN ROAD |
| 16 Jun 2023 | £382,669 | £375,000 | 68 NORMAN ROAD |
| 11 Aug 2022 | £387,813 | £386,000 | 16 NORMAN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Greaves Close | |
| Jun 2024 | Anti-social behaviour | On or near Greaves Close | |
| May 2024 | Burglary | Under investigation | On or near Greaves Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Athlone Road |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Sutton Road |