£356,556
This estimated value is based upon the latest sale price for the house of £340,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£340,000 | 18 Feb 2022 |
£157,000 | 30 Nov 2012 |
Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £340,000 results in an estimated price of approximately £356,556.
18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £340,000 | £16,556 | £356,556 |
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 | -4.227 % | £-14,370 | £325,629 |
3 Month Average | -0.347 % | £-1,181 | £338,818 |
6 Month Average | 7.908 % | £26,885 | £366,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £126,878 | £125,000 | 33 GREEN LANE |
11 Aug 2023 | £105,927 | £105,000 | 2A CHURCH STREET |
13 Jun 2023 | £210,044 | £207,500 | 34B GREEN LANE |
4 Apr 2023 | £166,796 | £165,000 | 37 GREEN LANE |
24 Mar 2023 | £217,045 | £215,000 | 34C GREEN LANE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 13 Jun 2020. Using an estimated price of £356,556 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on GREEN LANE is 88 sq meters (947 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Green Lane |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Clement Road |