£154,692
This estimated value is based upon the latest sale price for the house of £98,000 on 18 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£98,000 | 18 Feb 2008 |
£87,000 | 3 Dec 2004 |
£41,400 | 31 May 2002 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £98,000 results in an estimated price of approximately £154,692.
18 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £98,000 | £56,692 | £154,692 |
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 | 58.232 % | £57,066 | £155,066 |
3 Month Average | 59.649 % | £58,455 | £156,455 |
6 Month Average | 58.411 % | £57,242 | £155,242 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £204,648 | £200,000 | 111 BROMFORD LANE |
20 Apr 2023 | £295,528 | £290,000 | 97 BROMFORD LANE |
20 Apr 2023 | £214,003 | £210,000 | 99B BROMFORD LANE |
21 Oct 2022 | £209,301 | £210,000 | 99A BROMFORD LANE |
13 Oct 2022 | £279,068 | £280,000 | 40 EMILY STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 28 Oct 2015. Using an estimated price of £154,692 means this house is valued at £1,933 per sq meter (£179 per sq foot).
The average size of a house on CAMBRIDGE STREET is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Cambridge Street |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Richard Street West |
Apr 2024 | Anti-social behaviour | On or near Richard Street West | |
Apr 2024 | Anti-social behaviour | On or near Richard Street West | |
Apr 2024 | Anti-social behaviour | On or near Richard Street West |