£442,749
This estimated value is based upon the latest sale price for the house of £332,500 on 21 Jul 2016. 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 |
---|---|
£332,500 | 21 Jul 2016 |
£20,000 | 15 Aug 1996 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,337 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £332,500 results in an estimated price of approximately £442,749.
21 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £332,500 | £110,249 | £442,749 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 21.695 % | £72,136 | £404,636 |
3 Month Average | 10.818 % | £35,968 | £368,468 |
6 Month Average | 34.255 % | £113,898 | £446,398 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £599,597 | £600,000 | 62 BROADWAY |
12 Jan 2023 | £537,468 | £540,000 | 31 SPENCER AVENUE |
14 Apr 2022 | £205,960 | £200,000 | 29 BROADWAY |
28 Jan 2022 | £568,295 | £539,995 | 15 SPENCER AVENUE |
14 Jan 2022 | £289,412 | £275,000 | 25 BROADWAY |
This house has a floor area of 124 sq meters or 1,337 sq feet when measured on 25 Aug 2009. Using an estimated price of £442,749 means this house is valued at £3,561 per sq meter (£330 per sq foot).
The average size of a house on BROADWAY is 134 sq meters (1,451 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Road |
Mar 2024 | Public order | Under investigation | On or near Berkeley Road North |