£1,127,057
This estimated value is based upon the latest sale price for the house of £965,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £965,000 | 6 Nov 2020 |
| £200,000 | 18 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 443 sq meters or 4,768 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £965,000 results in an estimated price of approximately £1,127,057.
| 6 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £965,000 | £162,057 | £1,127,057 |
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 | 46.427 % | £448,017 | £1,413,017 |
| 3 Month Average | 1.671 % | £16,125 | £981,125 |
| 6 Month Average | 18.205 % | £175,682 | £1,140,682 |
| 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 443 sq meters or 4,768 sq feet when measured on 29 May 2020. Using an estimated price of £1,127,058 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on HAGLEY ROAD is 140 sq meters (1,509 sq feet).
This house is the largest in the street with a floor area of 443 sq meters (4,768 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 |