£168,001
This estimated value is based upon the latest sale price for the house of £134,995 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£134,995 | 18 Jan 2019 |
Semi-Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £134,995 results in an estimated price of approximately £168,001.
18 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £134,995 | £33,006 | £168,001 |
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 | -6.241 % | £-8,424 | £126,570 |
3 Month Average | 21.956 % | £29,639 | £164,634 |
6 Month Average | 23.722 % | £32,023 | £167,018 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £128,962 | £124,999 | 3 CLARE ROAD |
18 Aug 2023 | £160,902 | £158,000 | 4 CLARE ROAD |
9 Jun 2023 | £178,579 | £175,000 | 8 CADLE ROAD |
28 Apr 2021 | £139,917 | £123,000 | 35 CADLE ROAD |
2 Nov 2020 | £140,152 | £120,000 | 195 FIFTH AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Nov 2018. Using an estimated price of £168,001 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on BROOME ROAD is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cadle Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadle Road |
Jun 2024 | Anti-social behaviour | On or near Cadle Road | |
Jun 2024 | Anti-social behaviour | On or near Cadle Road | |
Jun 2024 | Anti-social behaviour | On or near Cadle Road |