£368,548
This estimated value is based upon the latest sale price for the house of £118,000 on 29 Jan 2002. 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 Greenhill Road
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| Price Paid | Date |
|---|---|
| £118,000 | 29 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 January 2002 the House Price Index for WEST MIDLANDS was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £118,000 results in an estimated price of approximately £368,548.
| 29 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £118,000 | £250,548 | £368,548 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 153.390 % | £181,000 | £299,000 |
| 3 Month Average | 185.262 % | £218,609 | £336,609 |
| 6 Month Average | 203.623 % | £240,274 | £358,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £325,000 | £325,000 | 27 SPRINGFIELD DRIVE |
| 10 Nov 2023 | £345,109 | £340,000 | 122 GREENHILL ROAD |
| 3 Jul 2023 | £699,413 | £690,000 | 17 GREENHILL ROAD |
| 30 Jun 2023 | £237,881 | £235,000 | 104 GREENHILL ROAD |
| 18 Jan 2023 | £364,782 | £366,500 | 131 GREENHILL ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 15 May 2014. Using an estimated price of £368,548 means this house is valued at £2,362 per sq meter (£219 per sq foot).
The average size of a house on GREENHILL ROAD is 106 sq meters (1,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Greenhill Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Greenhill Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Springfield Drive |