£115,284
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 Apr 2024 is 148.0 which is a change of 64.692%.Applying this 64.692% change to the original purchase price of £70,000 results in an estimated price of approximately £115,284.
| 2 Aug 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.0 | 64.692 % | £70,000 | £45,284 | £115,284 |
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 | 92.629 % | £64,840 | £134,840 |
| 3 Month Average | 57.434 % | £40,203 | £110,203 |
| 6 Month Average | 77.179 % | £54,025 | £124,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £191,814 | £190,000 | 99 BROMFORD LANE |
| 20 Apr 2023 | £292,172 | £290,000 | 97 BROMFORD LANE |
| 20 Apr 2023 | £211,573 | £210,000 | 99B BROMFORD LANE |
| 21 Oct 2022 | £206,924 | £210,000 | 99A BROMFORD LANE |
| 13 Oct 2022 | £275,899 | £280,000 | 40 EMILY STREET |
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 £115,285 means this house is valued at £1,579 per sq meter (£146 per sq foot).
The average size of a house on CAMBRIDGE STREET is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cambridge Street |
| Apr 2024 | Anti-social behaviour | On or near Richard Street West | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Richard Street West |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richard Street West |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richard Street West |