£220,479
This estimated value is based upon the latest sale price for the house of £203,100 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £203,100 | 30 Sep 2021 |
| £142,750 | 25 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £203,100 results in an estimated price of approximately £220,479.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £203,100 | £17,379 | £220,479 |
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 | -31.543 % | £-64,063 | £139,036 |
| 3 Month Average | -2.007 % | £-4,076 | £199,023 |
| 6 Month Average | -2.088 % | £-4,240 | £198,859 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £249,672 | £242,000 | 32 LAWNSWOOD AVENUE |
| 27 Oct 2023 | £235,345 | £230,000 | 21 ALDERSLEY AVENUE |
| 30 Aug 2023 | £315,694 | £310,000 | 13 LAWNSWOOD AVENUE |
| 29 Jun 2023 | £280,624 | £275,000 | 15 LAWNSWOOD AVENUE |
| 24 Apr 2023 | £356,671 | £350,000 | 1A ALDERSLEY AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Oct 2017. Using an estimated price of £220,479 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on GREEN LANE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Green Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| May 2024 | Anti-social behaviour | On or near Green Lane | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| May 2024 | Anti-social behaviour | On or near Green Lane |