£124,335
This estimated value is based upon the latest sale price for the house of £82,000 on 4 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £82,000 | 4 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £82,000 results in an estimated price of approximately £124,335.
| 4 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £82,000 | £42,335 | £124,335 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 25.113 % | £20,592 | £102,592 |
| 3 Month Average | 75.567 % | £61,964 | £143,964 |
| 6 Month Average | 69.100 % | £56,662 | £138,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £245,928 | £241,000 | 68 LYTTLETON STREET |
| 25 Nov 2022 | £288,650 | £290,000 | 101 BROMFORD LANE |
| 18 Jul 2022 | £175,761 | £174,000 | 31 BROMFORD LANE |
| 28 Oct 2021 | £229,622 | £206,000 | 24 LEOPARD LANE |
| 16 Jul 2021 | £166,140 | £143,500 | 13 BARTON STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Jun 2019. Using an estimated price of £124,335 means this house is valued at £1,480 per sq meter (£137 per sq foot).
The average size of a house on BROMFORD LANE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Blacksmith Way | |
| Sep 2024 | Vehicle crime | Under investigation | On or near Blacksmith Way |
| Aug 2024 | Robbery | Awaiting court outcome | On or near Blacksmith Way |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Blacksmith Way |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Blacksmith Way |