£85,334
This estimated value is based upon the latest sale price for the house of £45,000 on 5 Nov 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£45,000 | 5 Nov 2004 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2004 the House Price Index for WEST MIDLANDS was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £45,000 results in an estimated price of approximately £85,334.
5 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £45,000 | £40,334 | £85,334 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 126.063 % | £56,728 | £101,728 |
3 Month Average | 54.536 % | £24,541 | £69,541 |
6 Month Average | 55.309 % | £24,889 | £69,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £183,681 | £180,000 | 34 GREENFIELD AVENUE |
22 Jul 2022 | £245,460 | £243,000 | 39 SILVERTHORNE LANE |
10 Jun 2022 | £189,041 | £185,000 | 12 PRIMROSE CLOSE |
21 Dec 2021 | £183,482 | £170,000 | 124 NEW POOL ROAD |
29 Sep 2021 | £303,959 | £280,000 | 18 SYDNEY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Aug 2018. Using an estimated price of £85,335 means this house is valued at £1,137 per sq meter (£105 per sq foot).
The average size of a house on GREENFIELD AVENUE is 89 sq meters (963 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Silverthorne Lane | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Silverthorne Lane |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Pool Road |
Jul 2024 | Anti-social behaviour | On or near New Pool Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Primrose Close |