£162,909
This estimated value is based upon the latest sale price for the house of £130,000 on 25 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bradley Lane
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| Price Paid | Date |
|---|---|
| £130,000 | 25 Jun 2018 |
| £95,000 | 28 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £130,000 results in an estimated price of approximately £162,909.
| 25 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £130,000 | £32,909 | £162,909 |
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 | 50.755 % | £65,982 | £195,982 |
| 3 Month Average | 33.274 % | £43,256 | £173,256 |
| 6 Month Average | 33.321 % | £43,317 | £173,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £146,270 | £145,000 | 59 BRADLEY LANE |
| 20 Oct 2023 | £214,880 | £210,000 | 26 WILLIS PEARSON AVENUE |
| 12 Oct 2023 | £135,068 | £132,000 | 14 WILLIS PEARSON AVENUE |
| 28 Jun 2023 | £185,212 | £181,500 | 7 ASHFIELD ROAD |
| 24 Mar 2023 | £202,380 | £199,000 | 4 RALEIGH ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Aug 2017. Using an estimated price of £162,910 means this house is valued at £1,536 per sq meter (£142 per sq foot).
The average size of a house on BRADLEY LANE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradley Lane |
| Jul 2024 | Public order | Awaiting court outcome | On or near Bradley Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradley Lane |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Bradley Lane |
| May 2024 | Drugs | Under investigation | On or near Bradley Lane |