£181,171
This estimated value is based upon the latest sale price for the house of £145,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 9 Feb 2018 |
| £145,000 | 21 Dec 2017 |
| £144,995 | 28 Mar 2014 |
| Terraced |
| 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £145,000 results in an estimated price of approximately £181,171.
| 9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £145,000 | £36,171 | £181,171 |
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 | 1.859 % | £2,695 | £147,695 |
| 3 Month Average | 22.422 % | £32,512 | £177,512 |
| 6 Month Average | 24.533 % | £35,573 | £180,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £242,612 | £240,000 | 24 MILLPORT ROAD |
| 16 Mar 2023 | £249,854 | £247,500 | 16 MILLPORT ROAD |
| 24 Feb 2023 | £234,842 | £235,000 | 102 GREENOCK CRESCENT |
| 30 Sep 2022 | £81,839 | £82,500 | 44 GREENOCK CRESCENT |
| 29 Jul 2022 | £200,540 | £200,000 | 1 GREENOCK CRESCENT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 31 Jan 2014. Using an estimated price of £181,172 means this house is valued at £2,293 per sq meter (£213 per sq foot).
The average size of a house on GREENOCK CRESCENT is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Millport Road |
| Jan 2024 | Anti-social behaviour | On or near Millport Road | |
| Jan 2024 | Anti-social behaviour | On or near Millport Road | |
| Jan 2024 | Anti-social behaviour | On or near Millport Road | |
| Jan 2024 | Anti-social behaviour | On or near Millport Road |