£273,165
This estimated value is based upon the latest sale price for the house of £256,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £256,000 | 16 Dec 2021 |
| £194,000 | 17 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £256,000 results in an estimated price of approximately £273,165.
| 16 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £256,000 | £17,165 | £273,165 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -43.784 % | £-112,087 | £143,912 |
| 3 Month Average | -20.158 % | £-51,605 | £204,394 |
| 6 Month Average | -8.868 % | £-22,701 | £233,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £166,010 | £165,000 | 126 COLLEY GATE |
| 7 Aug 2023 | £166,010 | £165,000 | 122 COLLEY GATE |
| 24 Jul 2023 | £383,629 | £380,000 | 143 PARK ROAD |
| 28 Apr 2023 | £166,236 | £165,000 | 18 CHAPELHOUSE LANE |
| 31 Oct 2022 | £243,875 | £247,500 | 12 GREENWAYS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 26 Jul 2019. Using an estimated price of £273,165 means this house is valued at £3,139 per sq meter (£291 per sq foot).
The average size of a house on GREENWAYS is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Toys Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Severn Road |
| Jan 2024 | Possession of weapons | Under investigation | On or near Tanhouse Lane |