£338,921
This estimated value is based upon the latest sale price for the house of £199,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£199,000 | 17 Aug 2012 |
Detached |
Freehold |
Floor Area: 84 sq meters or 912 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 August 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £199,000 results in an estimated price of approximately £338,921.
17 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £199,000 | £139,921 | £338,921 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 42.214 % | £84,004 | £283,004 |
3 Month Average | 43.014 % | £85,597 | £284,597 |
6 Month Average | 72.187 % | £143,651 | £342,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £203,562 | £200,000 | 46 BROAD LANE SOUTH |
28 Apr 2023 | £245,645 | £243,000 | 5 ORWELL CLOSE |
30 Jan 2023 | £482,726 | £485,000 | 44 BROAD LANE SOUTH |
21 Oct 2022 | £202,816 | £205,000 | 22 ORWELL CLOSE |
5 Nov 2021 | £438,013 | £405,000 | 10 BIRCHFIELDS ROAD |
This house has a floor area of 84 sq meters or 912 sq feet when measured on 13 Dec 2011. Using an estimated price of £338,922 means this house is valued at £3,996 per sq meter (£371 per sq foot).
The average size of a house on BROAD LANE SOUTH is 112 sq meters (1,213 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lea View |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Five Fields Road |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Five Fields Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broad Lane South |