£190,737
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£155,000 | 16 Aug 2019 |
£99,950 | 8 Apr 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £155,000 results in an estimated price of approximately £190,737.
16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £155,000 | £35,737 | £190,737 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | 10.594 % | £16,420 | £171,420 |
3 Month Average | -24.698 % | £-38,282 | £116,717 |
6 Month Average | -16.994 % | £-26,340 | £128,659 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2022 | £205,838 | £207,500 | APARTMENT 105 LATITUDE, 155 BROMSGROVE STREET |
7 Jul 2021 | £149,404 | £130,000 | APARTMENT 62 LATITUDE, 155 BROMSGROVE STREET |
9 Nov 2020 | £173,903 | £150,000 | APARTMENT 185 LATITUDE, 155 BROMSGROVE STREET |
16 Aug 2019 | £190,738 | £155,000 | APARTMENT 175 LATITUDE, 155 BROMSGROVE STREET |
28 Sep 2018 | £191,404 | £155,000 | APARTMENT 150 LATITUDE, 155 BROMSGROVE STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 14 Feb 2019. Using an estimated price of £190,738 means this house is valued at £4,652 per sq meter (£432 per sq foot).
The average size of a house on BROMSGROVE STREET is 56 sq meters (609 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Parking Area |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |