£366,381
This estimated value is based upon the latest sale price for the house of £340,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £340,000 | 24 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £340,000 results in an estimated price of approximately £366,381.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £340,000 | £26,381 | £366,381 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -35.145 % | £-119,493 | £220,506 |
| 3 Month Average | 14.589 % | £49,603 | £389,603 |
| 6 Month Average | -3.440 % | £-11,697 | £328,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £325,699 | £320,000 | 76 THE GREENWAY |
| 28 Sep 2023 | £177,267 | £175,000 | 66 BENDALL ROAD |
| 19 Jul 2023 | £349,707 | £345,000 | 5 GREENWAY DRIVE |
| 13 Jul 2023 | £162,183 | £160,000 | 11 ABNEY GROVE |
| 20 Jun 2023 | £369,475 | £365,000 | 70 THE GREENWAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Jul 2021. Using an estimated price of £366,381 means this house is valued at £3,213 per sq meter (£298 per sq foot).
The average size of a house on THE GREENWAY is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Welshmans Hill |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Welshmans Hill |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Welshmans Hill |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near The Greenway |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |