£167,154
This estimated value is based upon the latest sale price for the house of £35,500 on 15 May 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Broome Croft
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Price Paid | Date |
---|---|
£35,500 | 15 May 1998 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 May 1998 the House Price Index for WEST MIDLANDS was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £35,500 results in an estimated price of approximately £167,154.
15 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £35,500 | £131,654 | £167,154 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 309.657 % | £109,928 | £145,428 |
3 Month Average | 391.998 % | £139,159 | £174,659 |
6 Month Average | 402.054 % | £142,729 | £178,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £201,017 | £197,500 | 71 NUNTS LANE |
10 Nov 2023 | £144,641 | £142,500 | 71 PARKVILLE HIGHWAY |
24 Jul 2023 | £177,387 | £175,000 | 48 PARKVILLE HIGHWAY |
7 Nov 2022 | £128,444 | £130,000 | 61 PARKVILLE HIGHWAY |
14 Apr 2022 | £195,662 | £190,000 | 8 BROOME CROFT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 18 Jun 2018. Using an estimated price of £167,155 means this house is valued at £2,258 per sq meter (£209 per sq foot).
The average size of a house on BROOME CROFT is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broome Croft |
Mar 2024 | Burglary | Under investigation | On or near Broome Croft |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Broome Croft |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Broome Croft |
Mar 2024 | Vehicle crime | Under investigation | On or near Broome Croft |