£156,168
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 27 Sep 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2013 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £95,000 results in an estimated price of approximately £156,168.
| 27 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £95,000 | £61,168 | £156,168 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 80.442 % | £76,419 | £171,419 |
| 3 Month Average | 50.470 % | £47,946 | £142,946 |
| 6 Month Average | 58.554 % | £55,626 | £150,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £135,459 | £134,000 | 19 BROAD GAUGE WAY |
| 27 Jun 2022 | £108,534 | £107,000 | 182 BROAD GAUGE WAY |
| 18 Feb 2022 | £112,210 | £107,000 | 61 BROAD GAUGE WAY |
| 15 Oct 2021 | £115,074 | £104,000 | 175 BROAD GAUGE WAY |
| 15 Oct 2021 | £110,648 | £100,000 | 104 BROAD GAUGE WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 11 May 2012. Using an estimated price of £156,169 means this house is valued at £2,602 per sq meter (£241 per sq foot).
The average size of a house on BROAD GAUGE WAY is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Sun Street | |
| Jan 2024 | Anti-social behaviour | On or near Sun Street | |
| Jan 2024 | Anti-social behaviour | On or near Sun Street | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bailey Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |