£311,282
This estimated value is based upon the latest sale price for the house of £235,000 on 20 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£235,000 | 20 Oct 2016 |
£148,950 | 31 May 2002 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £235,000 results in an estimated price of approximately £311,282.
20 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £235,000 | £76,282 | £311,282 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 22.447 % | £52,749 | £287,749 |
3 Month Average | 23.880 % | £56,118 | £291,118 |
6 Month Average | 15.203 % | £35,727 | £270,727 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £225,029 | £222,000 | 96 AYLESFORD DRIVE |
21 Jun 2023 | £217,636 | £215,000 | 93 AYLESFORD DRIVE |
2 Mar 2023 | £206,950 | £205,000 | 4 THE RISE |
27 Jan 2023 | £268,834 | £270,100 | 20 AYLESFORD DRIVE |
21 Oct 2022 | £217,656 | £220,000 | 2 THE RISE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 14 May 2016. Using an estimated price of £311,282 means this house is valued at £3,940 per sq meter (£366 per sq foot).
The average size of a house on THE GREENWAY is 353 sq meters (3,807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Greenway |
Feb 2024 | Robbery | Under investigation | On or near Elmdon Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakfield Crescent |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakfield Crescent |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakfield Crescent |