£223,884
This estimated value is based upon the latest sale price for the house of £182,500 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £182,500 | 12 Dec 2019 |
| £145,000 | 24 Mar 2016 |
| £117,250 | 17 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £182,500 results in an estimated price of approximately £223,884.
| 12 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £182,500 | £41,384 | £223,884 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | -15.503 % | £-28,293 | £154,206 |
| 3 Month Average | -8.094 % | £-14,771 | £167,728 |
| 6 Month Average | 9.188 % | £16,768 | £199,268 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £226,351 | £223,000 | 25 BROMLEIGH DRIVE |
| 8 Sep 2023 | £218,291 | £215,500 | 28 BROMLEIGH DRIVE |
| 20 Dec 2021 | £241,060 | £225,000 | 4 BRIARS CLOSE |
| 23 Nov 2021 | £281,194 | £260,000 | 31 BROMLEIGH DRIVE |
| 24 Sep 2021 | £266,704 | £247,500 | 21 AMBLER GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Mar 2018. Using an estimated price of £223,885 means this house is valued at £2,833 per sq meter (£263 per sq foot).
The average size of a house on BROMLEIGH DRIVE is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kempley Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kempley Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kempley Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kempley Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sapphire Gate |