£101,013
This estimated value is based upon the latest sale price for the house of £68,000 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£68,000 | 19 Dec 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 December 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 48.549%.Applying this 48.549% change to the original purchase price of £68,000 results in an estimated price of approximately £101,013.
19 Dec 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.0 | 48.549 % | £68,000 | £33,013 | £101,013 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 55.877 % | £37,996 | £105,996 |
3 Month Average | 50.158 % | £34,107 | £102,107 |
6 Month Average | 62.506 % | £42,503 | £110,503 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £125,765 | £125,000 | 50 BROAD GAUGE WAY |
5 Aug 2022 | £102,309 | £103,000 | 132 BROAD GAUGE WAY |
27 Jun 2022 | £108,096 | £107,000 | 182 BROAD GAUGE WAY |
15 Oct 2021 | £114,609 | £104,000 | 175 BROAD GAUGE WAY |
15 Oct 2021 | £110,201 | £100,000 | 104 BROAD GAUGE WAY |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 11 May 2012. Using an estimated price of £101,013 means this house is valued at £2,463 per sq meter (£228 per sq foot).
The average size of a house on BROAD GAUGE WAY is 59 sq meters (644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Broad Gauge Way | |
Apr 2024 | Anti-social behaviour | On or near Broad Gauge Way | |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broad Gauge Way |
Jan 2024 | Anti-social behaviour | On or near Broad Gauge Way | |
Jan 2024 | Anti-social behaviour | On or near Broad Gauge Way |