£176,742
This estimated value is based upon the latest sale price for the house of £140,000 on 12 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 12 Mar 2018 |
| £120,000 | 14 Jul 2006 |
| £77,500 | 25 Nov 2005 |
| £56,000 | 14 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £140,000 results in an estimated price of approximately £176,742.
| 12 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £140,000 | £36,742 | £176,742 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 68.684 % | £96,158 | £236,158 |
| 3 Month Average | 42.354 % | £59,295 | £199,295 |
| 6 Month Average | 40.348 % | £56,487 | £196,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £196,023 | £190,000 | 42 BROADMOOR ROAD |
| 4 Aug 2023 | £71,286 | £70,000 | 248 BROAD LANES |
| 8 Jun 2023 | £239,806 | £235,000 | 14 BROADMOOR ROAD |
| 6 Apr 2023 | £154,897 | £152,000 | 242 BROAD LANES |
| 17 Feb 2023 | £251,681 | £250,000 | 230 BROAD LANES |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Jan 2018. Using an estimated price of £176,742 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on BROADMOOR ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norman Davies Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norman Davies Gardens |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norman Davies Gardens |
| Jul 2024 | Public order | Under investigation | On or near Horning Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Horning Drive |