£374,982
This estimated value is based upon the latest sale price for the house of £350,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Greens Road
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| Price Paid | Date |
|---|---|
| £350,000 | 17 Dec 2021 |
| £246,000 | 14 Sep 2007 |
| £150,495 | 10 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £350,000 results in an estimated price of approximately £374,982.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £350,000 | £24,982 | £374,982 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -13.102 % | £-45,857 | £304,142 |
| 3 Month Average | 4.145 % | £14,506 | £364,506 |
| 6 Month Average | 5.245 % | £18,359 | £368,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £221,836 | £219,000 | 75 BENSON ROAD |
| 15 Aug 2023 | £201,765 | £200,000 | 3 BENSON ROAD |
| 15 Aug 2023 | £287,515 | £285,000 | 5 BATTALION COURT |
| 7 Aug 2023 | £330,390 | £327,500 | 26 GREENS ROAD |
| 20 Mar 2023 | £113,570 | £112,500 | 116 COTTAGE FARM ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 18 Sep 2021. Using an estimated price of £374,982 means this house is valued at £3,408 per sq meter (£316 per sq foot).
The average size of a house on GREENS ROAD is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Greens Road |
| Mar 2024 | Anti-social behaviour | On or near Regiment Court | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regiment Court |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Regiment Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Battalion Court |