£119,232
This estimated value is based upon the latest sale price for the house of £69,000 on 15 Jul 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£69,000 | 15 Jul 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £69,000 results in an estimated price of approximately £119,232.
15 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.800 % | £69,000 | £50,232 | £119,232 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 53.882 % | £37,178 | £106,178 |
3 Month Average | 50.825 % | £35,069 | £104,069 |
6 Month Average | 61.064 % | £42,133 | £111,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2023 | £282,471 | £280,000 | 175 WADDINGTON AVENUE |
25 Jul 2023 | £238,206 | £235,000 | 131 WADDINGTON AVENUE |
27 Apr 2023 | £144,051 | £142,500 | 29 HAILWOOD DRIVE |
12 Aug 2022 | £164,557 | £165,000 | GROUND FLOOR SHOP 14 NEWTON ROAD |
9 Aug 2022 | £95,742 | £96,000 | 2 BROMFORD WALK |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 19 Oct 2015. Using an estimated price of £119,232 means this house is valued at £2,592 per sq meter (£240 per sq foot).
The average size of a house on BROMFORD WALK is 50 sq meters (540 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Bromford Walk |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bromford Walk |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Bromford Walk |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bromford Walk |
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Bromford Walk |