£268,625
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 23 Nov 2020 |
| £220,000 | 21 Apr 2017 |
| £165,500 | 29 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £230,000 results in an estimated price of approximately £268,625.
| 23 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £230,000 | £38,625 | £268,625 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 22.548 % | £51,860 | £281,860 |
| 3 Month Average | 9.413 % | £21,649 | £251,649 |
| 6 Month Average | 16.031 % | £36,870 | £266,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £294,525 | £290,000 | 206 THE BROADWAY |
| 9 Nov 2023 | £574,585 | £560,000 | 65 GREYHOUND LANE |
| 25 Aug 2023 | £417,531 | £410,000 | 5 SYCAMORE CLOSE |
| 21 Apr 2023 | £183,431 | £180,000 | 6 CEDAR CLOSE |
| 13 Apr 2023 | £585,960 | £575,000 | 73 GREYHOUND LANE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 20 Nov 2013. Using an estimated price of £268,625 means this house is valued at £2,769 per sq meter (£257 per sq foot).
The average size of a house on THE BROADWAY is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sycamore Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandy Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maple Close |