£188,027
This estimated value is based upon the latest sale price for the house of £120,000 on 13 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 13 Feb 2008 |
| £30,000 | 4 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £120,000 results in an estimated price of approximately £188,027.
| 13 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £120,000 | £68,027 | £188,027 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 55.963 % | £67,155 | £187,155 |
| 3 Month Average | 34.971 % | £41,965 | £161,965 |
| 6 Month Average | 54.921 % | £65,904 | £185,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £149,005 | £147,000 | 3 MARGARET STREET |
| 24 Mar 2023 | £183,226 | £181,500 | 12 LIVINGSTONE ROAD |
| 3 Mar 2023 | £127,703 | £126,500 | 178 BROMFORD LANE |
| 22 Aug 2022 | £47,372 | £47,500 | 39 COYNE ROAD |
| 3 Aug 2022 | £204,948 | £205,500 | 116 LIVINGSTONE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 31 Jan 2013. Using an estimated price of £188,027 means this house is valued at £2,136 per sq meter (£198 per sq foot).
The average size of a house on BROMFORD LANE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Bromford Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Bromford Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bromford Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caroline Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caroline Street |