£228,260
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Jul 2014 |
| £148,000 | 18 Nov 2009 |
| £71,500 | 27 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 789 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 52.174%.Applying this 52.174% change to the original purchase price of £150,000 results in an estimated price of approximately £228,260.
| 4 Jul 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.0 | 52.174 % | £150,000 | £78,260 | £228,260 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 29.953 % | £44,929 | £194,929 |
| 3 Month Average | 27.056 % | £40,583 | £190,583 |
| 6 Month Average | 33.756 % | £50,633 | £200,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £231,406 | £232,500 | 12 ORTON GROVE |
| 17 Aug 2022 | £266,201 | £268,000 | 16 ORTON GROVE |
| 20 May 2022 | £314,678 | £310,000 | 4 BRADEN ROAD |
| 29 Apr 2022 | £230,769 | £225,000 | 9 BRYAN AVENUE |
| 12 Apr 2022 | £164,103 | £160,000 | 538 PENN ROAD |
This house has a floor area of 73 sq meters or 789 sq feet when measured on 10 Jun 2009. Using an estimated price of £228,260 means this house is valued at £3,113 per sq meter (£289 per sq foot).
The average size of a house on BRADEN ROAD is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braden Road |
| Mar 2024 | Burglary | Under investigation | On or near Bryan Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Orton Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orton Grove |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |