£531,076
This estimated value is based upon the latest sale price for the house of £302,000 on 13 Nov 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£302,000 | 13 Nov 2009 |
£167,500 | 12 Jun 1998 |
Detached |
Freehold |
Floor Area: 188 sq meters or 2,026 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 November 2009 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £302,000 results in an estimated price of approximately £531,076.
13 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £302,000 | £229,076 | £531,076 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 84.930 % | £256,490 | £558,490 |
3 Month Average | 80.411 % | £242,841 | £544,841 |
6 Month Average | 82.174 % | £248,165 | £550,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £295,000 | £295,000 | 154 SWARTHMORE ROAD |
24 Nov 2023 | £310,892 | £303,000 | 16 NAUNTON CLOSE |
21 Nov 2023 | £307,814 | £300,000 | 19 PRESTHOPE ROAD |
6 Apr 2023 | £262,918 | £258,000 | 34 PRESTHOPE ROAD |
3 Mar 2023 | £335,605 | £330,000 | 138 GREEN MEADOW ROAD |
This house has a floor area of 188 sq meters or 2,026 sq feet when measured on 17 Apr 2009. Using an estimated price of £531,077 means this house is valued at £2,821 per sq meter (£262 per sq foot).
The average size of a house on GREEN MEADOW ROAD is 101 sq meters (1,088 sq feet).
This house is the largest in the street with a floor area of 188 sq meters (2,026 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Green Meadow Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Meadow Road |
Jul 2024 | Anti-social behaviour | On or near Gorse Close | |
Jul 2024 | Anti-social behaviour | On or near Gorse Close | |
Jul 2024 | Anti-social behaviour | On or near Gorse Close |