£178,837
This estimated value is based upon the latest sale price for the house of £105,000 on 29 Sep 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 29 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 September 2006 the House Price Index for WEST MIDLANDS was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £105,000 results in an estimated price of approximately £178,837.
| 29 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £105,000 | £73,837 | £178,837 |
The Postcode Pricing Model uses changes in average sales price within the B34 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 | 8.725 % | £9,161 | £114,161 |
| 3 Month Average | 52.228 % | £54,838 | £159,838 |
| 6 Month Average | 53.964 % | £56,662 | £161,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £179,292 | £177,000 | 121 BROOK MEADOW ROAD |
| 29 Aug 2023 | £232,030 | £230,000 | 72 BROOK MEADOW ROAD |
| 10 Feb 2023 | £166,888 | £167,000 | 11 BRIDGEFORD ROAD |
| 13 Apr 2022 | £180,215 | £175,000 | 337 HEATH WAY |
| 12 Apr 2022 | £87,533 | £85,000 | 7 BROOK MEADOW ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Mar 2019. Using an estimated price of £178,837 means this house is valued at £2,263 per sq meter (£210 per sq foot).
The average size of a house on BROOK MEADOW ROAD is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lingfield Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lingfield Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brook Meadow Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brook Meadow Road |
| Jan 2024 | Anti-social behaviour | On or near Brook Meadow Road |