£303,959
This estimated value is based upon the latest sale price for the house of £280,000 on 23 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 |
|---|---|
| £280,000 | 23 Sep 2021 |
| £165,000 | 7 Sep 2011 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 795 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 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £280,000 results in an estimated price of approximately £303,959.
| 23 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £280,000 | £23,959 | £303,959 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 60.893 % | £170,501 | £450,501 |
| 3 Month Average | 48.404 % | £135,531 | £415,531 |
| 6 Month Average | 23.835 % | £66,739 | £346,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £255,862 | £248,000 | 19 BROOK WAY |
| 26 Sep 2023 | £255,635 | £250,000 | 10 BARLEY ROAD |
| 1 Jul 2022 | £363,644 | £360,000 | 2 DEERS WAY |
| 28 Jun 2022 | £265,679 | £260,000 | 17 DEERS WAY |
| 26 Apr 2022 | £420,156 | £405,000 | 9 BROOK WAY |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 13 Jul 2011. Using an estimated price of £303,959 means this house is valued at £4,112 per sq meter (£382 per sq foot).
The average size of a house on BROOK WAY is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Investigation complete; no suspect identified | On or near Barley Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Deers Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Deers Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roebuck Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Butler Way |