£150,698
This estimated value is based upon the latest sale price for the house of £85,000 on 22 Oct 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 22 Oct 2009 |
| £86,500 | 21 Mar 2003 |
| £49,000 | 30 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2009 the House Price Index for WEST MIDLANDS was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £85,000 results in an estimated price of approximately £150,698.
| 22 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £85,000 | £65,698 | £150,698 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 66.039 % | £56,133 | £141,133 |
| 3 Month Average | 75.585 % | £64,247 | £149,247 |
| 6 Month Average | 69.489 % | £59,065 | £144,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £145,000 | £145,000 | 4 DRYDEN CLOSE |
| 15 Mar 2024 | £198,043 | £195,000 | 16 BROADMEADOWS CLOSE |
| 30 Oct 2023 | £173,951 | £170,000 | 17 KIPLING ROAD |
| 4 Sep 2023 | £122,705 | £120,000 | 13 DRYDEN CLOSE |
| 25 Aug 2023 | £257,647 | £253,000 | 4 BROADMEADOWS ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Jan 2013. Using an estimated price of £150,699 means this house is valued at £2,216 per sq meter (£205 per sq foot).
The average size of a house on BROADMEADOWS ROAD is 133 sq meters (1,431 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadmeadows Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southey Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Southey Close |
| Aug 2024 | Anti-social behaviour | On or near Southey Close | |
| Aug 2024 | Anti-social behaviour | On or near Southey Close |