£313,240
This estimated value is based upon the latest sale price for the house of £255,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £255,000 | 26 Jul 2019 |
| £144,950 | 9 Dec 2002 |
| Detached |
| Leasehold |
| Floor Area: 109 sq meters or 1,173 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £255,000 results in an estimated price of approximately £313,240.
| 26 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £255,000 | £58,240 | £313,240 |
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 | -0.155 % | £-395 | £254,604 |
| 3 Month Average | 12.360 % | £31,517 | £286,517 |
| 6 Month Average | 6.532 % | £16,656 | £271,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £35,675 | £35,000 | 460A COLLEGE ROAD |
| 8 Dec 2023 | £168,182 | £165,000 | 18 ROEDEAN CLOSE |
| 30 Aug 2023 | £208,266 | £207,000 | 21 JUBILEE GARDENS |
| 18 Aug 2023 | £176,071 | £175,000 | 2 BROOMHILL ROAD |
| 14 Oct 2022 | £172,437 | £175,000 | 21 QUEENS GARDENS |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 9 Jul 2018. Using an estimated price of £313,241 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on BROOMHILL ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Grove |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Royal Grove |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Royal Grove |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Royal Grove |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Royal Grove |