£299,243
This estimated value is based upon the latest sale price for the house of £175,000 on 19 Apr 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 19 Apr 2010 |
| £173,000 | 7 Oct 2005 |
| £94,950 | 18 May 2000 |
| £58,000 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 890 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 April 2010 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £175,000 results in an estimated price of approximately £299,243.
| 19 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £175,000 | £124,243 | £299,243 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 73.020 % | £127,784 | £302,784 |
| 3 Month Average | 73.703 % | £128,980 | £303,980 |
| 6 Month Average | 65.061 % | £113,856 | £288,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £279,291 | £275,000 | 88 MERE GREEN ROAD |
| 15 Dec 2023 | £190,865 | £185,000 | 105 MERE GREEN ROAD |
| 15 Nov 2023 | £296,527 | £289,000 | 1A CHURCH TERRACE |
| 20 Sep 2023 | £322,100 | £315,000 | 9 GRANGE AVENUE |
| 27 Jan 2023 | £60,161 | £60,000 | 36 TOWER ROAD |
This house has a floor area of 82 sq meters or 890 sq feet when measured on 21 Aug 2009. Using an estimated price of £299,243 means this house is valued at £3,617 per sq meter (£336 per sq foot).
The average size of a house on MERE GREEN ROAD is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Unable to prosecute suspect | On or near Mere Green Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mere Green Close |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Farnborough Court |
| Oct 2024 | Other theft | Under investigation | On or near Farnborough Court |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Farnborough Court |