£237,733
This estimated value is based upon the latest sale price for the house of £193,500 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £193,500 | 14 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £193,500 results in an estimated price of approximately £237,733.
| 14 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £193,500 | £44,233 | £237,733 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -30.910 % | £-59,810 | £133,689 |
| 3 Month Average | 1.671 % | £3,232 | £196,732 |
| 6 Month Average | 13.169 % | £25,481 | £218,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £357,902 | £355,000 | 1 SPRINGHILL LANE |
| 21 Oct 2022 | £236,485 | £240,000 | 289 WARSTONES ROAD |
| 30 Jun 2022 | £252,560 | £250,000 | 21 BRADEN ROAD |
| 22 Jun 2022 | £262,662 | £260,000 | 287 WARSTONES ROAD |
| 25 Mar 2022 | £278,661 | £270,000 | 61 BRADEN ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 9 Nov 2016. Using an estimated price of £237,734 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on BRADEN ROAD is 90 sq meters (972 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braden Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Burglary | Under investigation | On or near Bryan Avenue |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Springhill Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Holden Road |