£157,324
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£95,000 | 27 Sep 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 September 2013 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £95,000 results in an estimated price of approximately £157,324.
27 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £95,000 | £62,324 | £157,324 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 26.253 % | £24,940 | £119,940 |
3 Month Average | 56.607 % | £53,776 | £148,776 |
6 Month Average | 59.557 % | £56,578 | £151,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £136,554 | £134,000 | 19 BROAD GAUGE WAY |
5 Aug 2022 | £103,484 | £103,000 | 132 BROAD GAUGE WAY |
27 Jun 2022 | £109,337 | £107,000 | 182 BROAD GAUGE WAY |
18 Feb 2022 | £113,041 | £107,000 | 61 BROAD GAUGE WAY |
15 Oct 2021 | £111,467 | £100,000 | 104 BROAD GAUGE WAY |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 11 May 2012. Using an estimated price of £157,325 means this house is valued at £2,622 per sq meter (£243 per sq foot).
The average size of a house on BROAD GAUGE WAY is 59 sq meters (644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Sun Street |
Oct 2024 | Anti-social behaviour | On or near Sun Street | |
Aug 2024 | Anti-social behaviour | On or near Sun Street | |
Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sun Street |
Aug 2024 | Anti-social behaviour | On or near Sun Street |