£248,951
This estimated value is based upon the latest sale price for the house of £246,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been three burglaries within the last year on or near Broad Lane North
More crime details
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| Price Paid | Date |
|---|---|
| £246,000 | 27 Jan 2023 |
| £164,000 | 9 Sep 2005 |
| Terraced |
| Freehold |
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 January 2023 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 1.200%.Applying this 1.200% change to the original purchase price of £246,000 results in an estimated price of approximately £248,951.
| 27 Jan 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 101.2 | 1.200 % | £246,000 | £2,951 | £248,951 |
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 | -19.953 % | £-49,083 | £196,916 |
| 3 Month Average | -12.550 % | £-30,873 | £215,126 |
| 6 Month Average | 4.512 % | £11,098 | £257,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £141,538 | £140,000 | 6 GANDY ROAD |
| 21 Dec 2023 | £101,617 | £97,500 | 50 WYVERN CLOSE |
| 1 Dec 2023 | £302,245 | £290,000 | 17 SEVERN CLOSE |
| 24 Nov 2023 | £103,689 | £100,000 | 62 PEACH ROAD |
| 17 Nov 2023 | £124,426 | £120,000 | 52 WYVERN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Burglary | Under investigation | On or near Broad Lane North |
| Jan 2025 | Burglary | Under investigation | On or near Broad Lane North |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Broad Lane North |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wyvern Close |
| Dec 2024 | Burglary | Under investigation | On or near Len Davis Road |