£180,892
This estimated value is based upon the latest sale price for the house of £117,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,000 | 16 May 2014 |
| £108,000 | 18 Jan 2012 |
| £48,000 | 18 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £117,000 results in an estimated price of approximately £180,892.
| 16 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £117,000 | £63,892 | £180,892 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 92.990 % | £108,798 | £225,798 |
| 3 Month Average | 38.595 % | £45,156 | £162,156 |
| 6 Month Average | 46.359 % | £54,239 | £171,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2022 | £246,664 | £246,000 | 25 GREEN LANE |
| 24 Jun 2022 | £223,154 | £220,000 | 50 BLACKBURN AVENUE |
| 22 Apr 2022 | £200,811 | £195,000 | 99 BLACKBURN AVENUE |
| 14 Apr 2022 | £200,811 | £195,000 | 58 BLACKBURN AVENUE |
| 3 Feb 2022 | £272,661 | £260,000 | 40 BLACKBURN AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Dec 2013. Using an estimated price of £180,892 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on GREEN LANE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Blakeley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakeley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakeley Avenue |
| Mar 2024 | Robbery | Under investigation | On or near Blakeley Rise |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Blakeley Rise |