£378,114
This estimated value is based upon the latest sale price for the house of £326,500 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£326,500 | 30 Oct 2020 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 15.808%.Applying this 15.808% change to the original purchase price of £326,500 results in an estimated price of approximately £378,114.
30 Oct 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 146.7 | 15.808 % | £326,500 | £51,614 | £378,114 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 62.885 % | £205,318 | £531,818 |
3 Month Average | 32.004 % | £104,491 | £430,991 |
6 Month Average | 17.623 % | £57,539 | £384,039 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 27 Jun 2020.
The average size of a house on BROAD LANE NORTH is 97 sq meters (1,046 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Damson Close |
Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Damson Close |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Len Davis Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Peach Road |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Peach Road |