£242,211
This estimated value is based upon the latest sale price for the house of £178,000 on 29 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £178,000 | 29 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £178,000 results in an estimated price of approximately £242,211.
| 29 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £178,000 | £64,211 | £242,211 |
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 | 49.733 % | £88,525 | £266,525 |
| 3 Month Average | 43.726 % | £77,832 | £255,832 |
| 6 Month Average | 39.895 % | £71,013 | £249,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £301,856 | £295,000 | 226 GREEN MEADOW ROAD |
| 7 Feb 2023 | £268,292 | £266,500 | 275 GREEN MEADOW ROAD |
| 17 Oct 2022 | £249,168 | £250,000 | 289 SHENLEY FIELDS ROAD |
| 26 Apr 2022 | £236,532 | £228,000 | 244 GREEN MEADOW ROAD |
| 16 Mar 2022 | £206,699 | £198,000 | 242 GREGORY AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Nov 2015. Using an estimated price of £242,211 means this house is valued at £3,186 per sq meter (£296 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Cyprus Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meaburn Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meaburn Close |
| Sep 2024 | Public order | Under investigation | On or near Meaburn Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meaburn Close |