£502,397
This estimated value is based upon the latest sale price for the house of £475,000 on 7 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £475,000 | 7 Dec 2021 |
| £199,500 | 23 Nov 2001 |
| £139,950 | 28 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.768%.Applying this 5.768% change to the original purchase price of £475,000 results in an estimated price of approximately £502,397.
| 7 Dec 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 146.7 | 5.768 % | £475,000 | £27,397 | £502,397 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -32.281 % | £-153,336 | £321,663 |
| 3 Month Average | -2.948 % | £-14,005 | £460,994 |
| 6 Month Average | 1.396 % | £6,628 | £481,628 |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 14 Sep 2021.
The average size of a house on GREAVES AVENUE is 157 sq meters (1,698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martin Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gloucester Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sutton Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Sutton Road |