£185,969
This estimated value is based upon the latest sale price for the house of £148,000 on 15 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £148,000 | 15 May 2018 |
| £70,000 | 12 Nov 2013 |
| £100,000 | 26 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £148,000 results in an estimated price of approximately £185,969.
| 15 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £148,000 | £37,969 | £185,969 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | -19.350 % | £-28,638 | £119,361 |
| 3 Month Average | 12.828 % | £18,985 | £166,985 |
| 6 Month Average | 25.007 % | £37,010 | £185,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £145,000 | £145,000 | 81 GOSCOTE LANE |
| 22 Mar 2024 | £180,777 | £178,000 | 2 SHACKLETON ROAD |
| 16 Oct 2023 | £195,439 | £191,000 | 77 ABBOTTS STREET |
| 23 Aug 2023 | £190,435 | £187,000 | 402 GOSCOTE LANE |
| 25 Apr 2023 | £138,592 | £136,000 | 46 MERSEY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Aug 2013. Using an estimated price of £185,970 means this house is valued at £2,267 per sq meter (£210 per sq foot).
The average size of a house on GREEN ROCK LANE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Abbotts Place | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Abbotts Place |
| May 2024 | Anti-social behaviour | On or near Abbotts Place | |
| May 2024 | Anti-social behaviour | On or near Abbotts Place | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbotts Place |