£116,608
This estimated value is based upon the latest sale price for the house of £70,000 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 2 Aug 2013 |
| £66,500 | 2 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 August 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £70,000 results in an estimated price of approximately £116,608.
| 2 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £70,000 | £46,608 | £116,608 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 47.752 % | £33,426 | £103,426 |
| 3 Month Average | 86.477 % | £60,534 | £130,534 |
| 6 Month Average | 81.564 % | £57,094 | £127,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £204,648 | £200,000 | 111 BROMFORD LANE |
| 15 Jun 2023 | £155,619 | £152,500 | 4 EMILY STREET |
| 20 Apr 2023 | £214,003 | £210,000 | 99B BROMFORD LANE |
| 20 Apr 2023 | £295,528 | £290,000 | 97 BROMFORD LANE |
| 21 Oct 2022 | £209,301 | £210,000 | 99A BROMFORD LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Nov 2014. Using an estimated price of £116,609 means this house is valued at £1,597 per sq meter (£148 per sq foot).
The average size of a house on CAMBRIDGE STREET is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Street |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cambridge Street |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Richard Street West |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Oak Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Road |