£307,855
This estimated value is based upon the latest sale price for the house of £245,000 on 30 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £245,000 results in an estimated price of approximately £307,855.
| 30 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £245,000 | £62,855 | £307,855 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 63.128 % | £154,663 | £399,663 |
| 3 Month Average | 27.506 % | £67,388 | £312,388 |
| 6 Month Average | 27.175 % | £66,579 | £311,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £310,892 | £303,000 | 16 NAUNTON CLOSE |
| 21 Nov 2023 | £307,814 | £300,000 | 19 PRESTHOPE ROAD |
| 3 Mar 2023 | £335,605 | £330,000 | 138 GREEN MEADOW ROAD |
| 3 Mar 2023 | £305,095 | £300,000 | 15 GUITING ROAD |
| 8 Jul 2022 | £285,359 | £282,500 | 24 NAUNTON CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Jun 2017. Using an estimated price of £307,855 means this house is valued at £3,754 per sq meter (£348 per sq foot).
The average size of a house on GREEN MEADOW ROAD is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Meadow Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Meadow Road |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Naunton Close |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Clover Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clover Road |