£177,834
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 15 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £145,000 results in an estimated price of approximately £177,834.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £145,000 | £32,834 | £177,834 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 16.238 % | £23,545 | £168,545 |
| 3 Month Average | 17.914 % | £25,975 | £170,975 |
| 6 Month Average | 4.557 % | £6,608 | £151,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £208,827 | £207,000 | 21 JUBILEE GARDENS |
| 18 Aug 2023 | £176,544 | £175,000 | 2 BROOMHILL ROAD |
| 20 May 2022 | £219,129 | £215,000 | 33 JUBILEE GARDENS |
| 6 Jan 2022 | £189,433 | £180,000 | 5 FIRECREST CLOSE |
| 15 Dec 2021 | £262,487 | £245,000 | 2 JUBILEE GARDENS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Aug 2019. Using an estimated price of £177,835 means this house is valued at £2,279 per sq meter (£211 per sq foot).
The average size of a house on BROOMHILL ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Foxglove Way |
| Apr 2024 | Robbery | Under investigation | On or near Foxglove Way |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Foxglove Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxglove Way |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Foxglove Way |