£346,343
This estimated value is based upon the latest sale price for the house of £195,000 on 30 Sep 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 30 Sep 2009 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,180 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 2009 the House Price Index for WEST MIDLANDS was 83.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 77.612%.Applying this 77.612% change to the original purchase price of £195,000 results in an estimated price of approximately £346,343.
| 30 Sep 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.0 | 77.612 % | £195,000 | £151,343 | £346,343 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 48.633 % | £94,833 | £289,833 |
| 3 Month Average | 27.377 % | £53,385 | £248,385 |
| 6 Month Average | 37.067 % | £72,279 | £267,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £188,567 | £185,000 | 1 BEACONSFIELD DRIVE |
| 28 Apr 2023 | £171,273 | £170,000 | 12 GREENLY ROAD |
| 31 Aug 2022 | £114,228 | £115,000 | FLAT 3 548 WOLVERHAMPTON ROAD EAST |
| 10 Jun 2022 | £161,638 | £160,000 | 6 GREENLY ROAD |
| 6 Jun 2022 | £166,689 | £165,000 | 6 BEACONSFIELD DRIVE |
This house has a floor area of 109 sq meters or 1,180 sq feet when measured on 7 Sep 2008. Using an estimated price of £346,343 means this house is valued at £3,158 per sq meter (£293 per sq foot).
The average size of a house on GREENLY ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenly Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Greenly Road |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Beaconsfield Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaconsfield Drive |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Beaconsfield Drive |