£303,320
This estimated value is based upon the latest sale price for the house of £249,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,000 | 24 Jul 2020 |
| £82,500 | 20 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £249,000 results in an estimated price of approximately £303,320.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £249,000 | £54,320 | £303,320 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 8.628 % | £21,483 | £270,483 |
| 3 Month Average | 13.987 % | £34,828 | £283,828 |
| 6 Month Average | 17.444 % | £43,435 | £292,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £375,763 | £372,500 | 25 OLD BARN ROAD |
| 24 Nov 2023 | £360,142 | £351,000 | 184 HAY GREEN LANE |
| 29 Sep 2023 | £409,016 | £400,000 | 160 HAY GREEN LANE |
| 25 Sep 2023 | £316,988 | £310,000 | 5 HAY GREEN CLOSE |
| 13 Apr 2023 | £456,030 | £447,500 | 189 WOODLANDS PARK ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Aug 2019. Using an estimated price of £303,320 means this house is valued at £3,486 per sq meter (£323 per sq foot).
The average size of a house on GRIFFINS BROOK LANE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cob Lane | |
| Jul 2024 | Anti-social behaviour | On or near Cob Lane | |
| Jun 2024 | Anti-social behaviour | On or near Cob Lane | |
| Jun 2024 | Anti-social behaviour | On or near Cob Lane | |
| Jun 2024 | Anti-social behaviour | On or near Cob Lane |