£250,876
This estimated value is based upon the latest sale price for the house of £168,500 on 18 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£168,500 | 18 Feb 2015 |
£169,000 | 16 Oct 2006 |
£125,000 | 25 Oct 2002 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £168,500 results in an estimated price of approximately £250,876.
18 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £168,500 | £82,376 | £250,876 |
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 | 58.634 % | £98,797 | £267,297 |
3 Month Average | 59.265 % | £99,861 | £268,361 |
6 Month Average | 65.128 % | £109,741 | £278,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £301,856 | £295,000 | 226 GREEN MEADOW ROAD |
19 Jun 2023 | £244,908 | £240,000 | 22 CORNBROOK ROAD |
13 Apr 2023 | £297,566 | £292,000 | 349 SHENLEY LANE |
7 Feb 2023 | £268,292 | £266,500 | 275 GREEN MEADOW ROAD |
17 Oct 2022 | £249,168 | £250,000 | 289 SHENLEY FIELDS ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Jul 2014. Using an estimated price of £250,877 means this house is valued at £2,613 per sq meter (£242 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 Peach Ley Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peach Ley Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornbrook Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornbrook Road |
Sep 2024 | Anti-social behaviour | On or near Hazel Drive |