£62,624
This estimated value is based upon the latest sale price for the house of £52,000 on 29 Jul 2020. 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 Greenfield Croft
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| Price Paid | Date |
|---|---|
| £52,000 | 29 Jul 2020 |
| £63,000 | 10 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 357 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £52,000 results in an estimated price of approximately £62,624.
| 29 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £52,000 | £10,624 | £62,624 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 135.641 % | £70,533 | £122,533 |
| 3 Month Average | 44.188 % | £22,977 | £74,977 |
| 6 Month Average | 27.442 % | £14,269 | £66,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £250,346 | £249,500 | 8 WHITEGATES ROAD |
| 2 Jun 2023 | £233,896 | £232,000 | 17 GREENFIELD CROFT |
| 25 Jan 2023 | £149,685 | £151,000 | 39 SKIDMORE ROAD |
| 30 Sep 2022 | £227,236 | £230,000 | 21 WHITEGATES ROAD |
| 28 Sep 2022 | £9,880 | £10,000 | 22 REDWOOD ROAD |
This house has a floor area of 33 sq meters or 357 sq feet when measured on 8 Mar 2011. Using an estimated price of £62,625 means this house is valued at £1,887 per sq meter (£175 per sq foot).
The average size of a house on REDWOOD ROAD is 62 sq meters (671 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (357 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Greenfield Croft |
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Anti-social behaviour | On or near Supermarket |