£253,642
This estimated value is based upon the latest sale price for the house of £208,500 on 26 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £208,500 | 26 Nov 2018 |
| £174,000 | 27 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £208,500 results in an estimated price of approximately £253,642.
| 26 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £208,500 | £45,142 | £253,642 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | -16.723 % | £-34,868 | £173,631 |
| 3 Month Average | 9.250 % | £19,285 | £227,785 |
| 6 Month Average | 9.846 % | £20,528 | £229,028 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 20 Jun 2018.
The average size of a house on GREENHILL WAY is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Branchal Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Branchal Road |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near March Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lazy Hill Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lazy Hill Road |