£176,998
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Jan 2014. 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 Bredon Road
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| Price Paid | Date |
|---|---|
| £110,000 | 27 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 927 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 2014 the House Price Index for WEST MIDLANDS was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £110,000 results in an estimated price of approximately £176,998.
| 27 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £110,000 | £66,998 | £176,998 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 130.515 % | £143,565 | £253,565 |
| 3 Month Average | 72.777 % | £80,054 | £190,054 |
| 6 Month Average | 58.395 % | £64,234 | £174,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £159,958 | £157,500 | 274 NEWBURY LANE |
| 24 Nov 2023 | £256,511 | £250,000 | 60 BILL THOMAS WAY |
| 17 Nov 2023 | £200,079 | £195,000 | 286 NEWBURY LANE |
| 18 Aug 2023 | £183,306 | £180,000 | 292 NEWBURY LANE |
| 18 Aug 2023 | £214,875 | £211,000 | 260 NEWBURY LANE |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 23 Mar 2012. Using an estimated price of £176,998 means this house is valued at £2,054 per sq meter (£190 per sq foot).
The average size of a house on BREDON ROAD is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredon Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredon Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredon Road |
| Jun 2024 | Burglary | Under investigation | On or near Bredon Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Martley Road |