£653,281
This estimated value is based upon the latest sale price for the house of £167,500 on 31 Mar 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£167,500 | 31 Mar 2000 |
Detached |
Freehold |
Floor Area: 149 sq meters or 1,610 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 March 2000 the House Price Index for WEST MIDLANDS was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £167,500 results in an estimated price of approximately £653,281.
31 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 149.7 | 290.019 % | £167,500 | £485,781 | £653,281 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 410.542 % | £687,657 | £855,157 |
3 Month Average | 258.951 % | £433,743 | £601,243 |
6 Month Average | 263.793 % | £441,853 | £609,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2024 | £825,000 | £825,000 | 6 BROMWICH LANE |
5 Apr 2024 | £644,093 | £638,500 | 26 BROMWICH LANE |
9 Oct 2023 | £731,616 | £715,000 | 4 BROMWICH LANE |
23 Jun 2023 | £484,714 | £475,000 | 12 PRINCE MEWS |
14 Jun 2023 | £790,900 | £775,050 | 16 BROMWICH LANE |
This house has a floor area of 149 sq meters or 1,610 sq feet when measured on 20 Jan 2010. Using an estimated price of £653,282 means this house is valued at £4,366 per sq meter (£405 per sq foot).
The average size of a house on HAGLEY ROAD is 140 sq meters (1,509 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other theft | Under investigation | On or near Wychbold Court |
Nov 2024 | Burglary | Investigation complete; no suspect identified | On or near Cochrane Close |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roberts Lane |
Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Stourbridge Road |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Roberts Lane |