£124,492
This estimated value is based upon the latest sale price for the house of £73,000 on 24 May 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £73,000 | 24 May 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 50 sq meters or 541 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 May 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £73,000 results in an estimated price of approximately £124,492.
| 24 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £73,000 | £51,492 | £124,492 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 52.094 % | £38,028 | £111,028 |
| 3 Month Average | 72.802 % | £53,145 | £126,145 |
| 6 Month Average | 98.206 % | £71,690 | £144,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £182,705 | £180,000 | 10 RICHMOND ROAD |
| 1 Aug 2023 | £185,624 | £184,000 | 40 WESTLEY STREET |
| 28 Apr 2023 | £132,931 | £131,500 | 12 PITFIELD ROW |
| 6 Apr 2023 | £303,265 | £300,000 | UNIT 3 CLEVELAND STREET |
| 20 Jan 2023 | £170,198 | £171,000 | 9 BECKENSALL CLOSE |
This house has a floor area of 50 sq meters or 541 sq feet when measured on 23 Oct 2011. Using an estimated price of £124,493 means this house is valued at £2,475 per sq meter (£229 per sq foot).
The average size of a house on GREYSTONE PASSAGE is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Greystone Passage |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystone Passage |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Vauxhall Street |
| Mar 2024 | Other theft | Under investigation | On or near Vauxhall Street |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Vauxhall Street |