£37,930
This estimated value is based upon the latest sale price for the house of £33,750 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Broad Gauge Way
More crime details
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| Price Paid | Date |
|---|---|
| £33,750 | 26 Aug 2021 |
| £85,000 | 19 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £33,750 results in an estimated price of approximately £37,930.
| 26 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £33,750 | £4,180 | £37,930 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 2.168 % | £731 | £34,481 |
| 3 Month Average | 8.344 % | £2,816 | £36,566 |
| 6 Month Average | 10.241 % | £3,456 | £37,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £127,296 | £125,000 | 50 BROAD GAUGE WAY |
| 5 Aug 2022 | £103,484 | £103,000 | 132 BROAD GAUGE WAY |
| 27 Jun 2022 | £109,337 | £107,000 | 182 BROAD GAUGE WAY |
| 15 Oct 2021 | £115,926 | £104,000 | 175 BROAD GAUGE WAY |
| 28 Sep 2021 | £108,557 | £100,000 | 173 BROAD GAUGE WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 11 May 2012. Using an estimated price of £37,931 means this house is valued at £583 per sq meter (£54 per sq foot).
The average size of a house on BROAD GAUGE WAY is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Broad Gauge Way |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Broad Gauge Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Gauge Way |
| Aug 2024 | Anti-social behaviour | On or near Broad Gauge Way | |
| Aug 2024 | Anti-social behaviour | On or near Broad Gauge Way |