£126,256
This estimated value is based upon the latest sale price for the house of £92,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,000 | 15 Jan 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £92,000 results in an estimated price of approximately £126,256.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £92,000 | £34,256 | £126,256 |
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 | 79.232 % | £72,893 | £164,893 |
| 3 Month Average | 51.054 % | £46,969 | £138,969 |
| 6 Month Average | 58.600 % | £53,912 | £145,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £135,459 | £134,000 | 19 BROAD GAUGE WAY |
| 18 Feb 2022 | £112,210 | £107,000 | 61 BROAD GAUGE WAY |
| 15 Oct 2021 | £110,648 | £100,000 | 104 BROAD GAUGE WAY |
| 28 Sep 2021 | £107,759 | £100,000 | 173 BROAD GAUGE WAY |
| 25 Aug 2021 | £115,466 | £103,500 | 125 BROAD GAUGE WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 May 2012. Using an estimated price of £126,257 means this house is valued at £1,942 per sq meter (£180 per sq foot).
The average size of a house on BROAD GAUGE WAY is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | 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 | |
| Jan 2024 | Anti-social behaviour | On or near Sun Street | |
| Jan 2024 | Anti-social behaviour | On or near Sun Street |