£222,533
This estimated value is based upon the latest sale price for the house of £168,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £168,000 | 7 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £168,000 results in an estimated price of approximately £222,533.
| 7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £168,000 | £54,533 | £222,533 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 33.250 % | £55,860 | £223,860 |
| 3 Month Average | 11.675 % | £19,614 | £187,614 |
| 6 Month Average | 27.835 % | £46,763 | £214,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £172,555 | £170,000 | 25 WESTFIELD ROAD |
| 31 Mar 2023 | £161,522 | £160,000 | 23 DYNES WALK |
| 13 Feb 2023 | £294,802 | £295,000 | 78 COOPERS LANE |
| 10 Jun 2022 | £161,279 | £159,000 | 51 BROOMFIELD |
| 20 May 2022 | £188,553 | £185,000 | 50 BROOMFIELD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 4 Nov 2014. Using an estimated price of £222,534 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on BROOMFIELD is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holly Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coopers Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coopers Lane |