£106,928
This estimated value is based upon the latest sale price for the house of £105,000 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Green Lane
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| Price Paid | Date |
|---|---|
| £105,000 | 11 Aug 2023 |
| £27,000 | 4 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 August 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £105,000 results in an estimated price of approximately £106,928.
| 11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £105,000 | £1,928 | £106,928 |
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 | 69.983 % | £73,481 | £178,481 |
| 3 Month Average | -7.190 % | £-7,549 | £97,450 |
| 6 Month Average | 0.786 % | £825 | £105,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £128,256 | £125,000 | 33 GREEN LANE |
| 11 Aug 2023 | £106,929 | £105,000 | 2A CHURCH STREET |
| 13 Jun 2023 | £211,743 | £207,500 | 34B GREEN LANE |
| 4 Apr 2023 | £168,145 | £165,000 | 37 GREEN LANE |
| 24 Mar 2023 | £218,652 | £215,000 | 34C GREEN LANE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 9 Apr 2019. Using an estimated price of £106,929 means this house is valued at £1,909 per sq meter (£177 per sq foot).
The average size of a house on CHURCH STREET is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Green Lane | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Green Lane |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Green Lane |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Green Lane |
| Jun 2024 | Anti-social behaviour | On or near Green Lane |