£118,762
This estimated value is based upon the latest sale price for the house of £89,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£89,000 | 14 Oct 2016 |
£77,500 | 20 Sep 2006 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £89,000 results in an estimated price of approximately £118,762.
14 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £89,000 | £29,762 | £118,762 |
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 | 111.399 % | £99,145 | £188,145 |
3 Month Average | 71.514 % | £63,647 | £152,647 |
6 Month Average | 63.919 % | £56,887 | £145,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £205,209 | £200,000 | STOWLAWN METHODIST CHURCH GREEN PARK AVENUE |
10 Aug 2023 | £131,369 | £129,000 | 51 GREEN PARK AVENUE |
8 Aug 2023 | £152,755 | £150,000 | 24 WOLSELEY ROAD |
12 Jan 2023 | £224,600 | £224,000 | 21 HADLEY ROAD |
11 Nov 2022 | £209,023 | £210,000 | 35 HADLEY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 2 Oct 2012. Using an estimated price of £118,763 means this house is valued at £1,305 per sq meter (£121 per sq foot).
The average size of a house on BROADMEADOW GREEN is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadmeadow Green |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadmeadow Green |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Broadmeadow Green |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadmeadow Green |
Jun 2024 | Public order | Under investigation | On or near Broadmeadow Green |