£353,920
This estimated value is based upon the latest sale price for the house of £265,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £265,000 | 10 Jun 2016 |
| £187,500 | 30 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £265,000 results in an estimated price of approximately £353,920.
| 10 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £265,000 | £88,920 | £353,920 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -10.957 % | £-29,036 | £235,963 |
| 3 Month Average | 3.622 % | £9,597 | £274,597 |
| 6 Month Average | 20.011 % | £53,028 | £318,028 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £390,786 | £385,000 | 36 MAYFIELD ROAD |
| 15 Nov 2023 | £334,959 | £330,000 | 2 BRACKEN WAY |
| 27 Sep 2023 | £384,922 | £380,000 | 37 FERNDALE ROAD |
| 4 Apr 2023 | £136,469 | £135,000 | 61 BLACKWOOD ROAD |
| 20 Jul 2022 | £87,235 | £87,000 | FLAT 32 JEROME COURT LANGHAM GREEN |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 1 Apr 2014. Using an estimated price of £353,921 means this house is valued at £3,217 per sq meter (£298 per sq foot).
The average size of a house on BRACKEN WAY is 120 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Bracken Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crest View |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langham Green |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langham Green |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Road |