£608,704
This estimated value is based upon the latest sale price for the house of £590,000 on 11 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £590,000 | 11 Dec 2023 |
| £255,500 | 21 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,351 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 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £590,000 results in an estimated price of approximately £608,704.
| 11 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £590,000 | £18,704 | £608,704 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 81.184 % | £478,985 | £1,068,985 |
| 3 Month Average | 4.883 % | £28,809 | £618,809 |
| 6 Month Average | -0.922 % | £-5,438 | £584,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £529,599 | £525,000 | 39 BRAEMAR ROAD |
| 20 Dec 2023 | £125,868 | £122,000 | FLAT 15 BROMFORD HOUSE JOCKEY ROAD |
| 11 Dec 2023 | £608,704 | £590,000 | 34 BRAEMAR ROAD |
| 3 Oct 2023 | £255,810 | £250,000 | 24 BRAEMAR ROAD |
| 15 Jun 2023 | £137,761 | £135,000 | FLAT 12 BROMFORD HOUSE JOCKEY ROAD |
This house has a floor area of 125 sq meters or 1,351 sq feet when measured on 4 Aug 2011. Using an estimated price of £608,704 means this house is valued at £4,847 per sq meter (£450 per sq foot).
The average size of a house on BRAEMAR ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Wakefield Close | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Braemar Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Aug 2024 | Public order | Under investigation | On or near Sports/Recreation Area |