£469,244
This estimated value is based upon the latest sale price for the house of £378,000 on 21 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £378,000 | 21 Nov 2018 |
| £249,950 | 27 Oct 2006 |
| £249,950 | 27 Oct 2006 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £378,000 results in an estimated price of approximately £469,244.
| 21 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £378,000 | £91,244 | £469,244 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 8.519 % | £32,201 | £410,201 |
| 3 Month Average | 21.434 % | £81,019 | £459,019 |
| 6 Month Average | 18.413 % | £69,602 | £447,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £267,321 | £265,000 | 12 BAYSTON ROAD |
| 26 Mar 2024 | £60,936 | £60,000 | 183 SUNDERTON ROAD |
| 15 Mar 2024 | £118,826 | £117,000 | 165 SUNDERTON ROAD |
| 29 Aug 2023 | £91,653 | £90,000 | 147 SUNDERTON ROAD |
| 18 Aug 2023 | £392,071 | £385,000 | 468 ALCESTER ROAD SOUTH |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 18 Apr 2018. Using an estimated price of £469,244 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on BROAD LANE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alcester Road South |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alcester Road South |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alcester Road South |
| Sep 2024 | Vehicle crime | Under investigation | On or near Alcester Road South |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Alcester Road South |