£247,729
This estimated value is based upon the latest sale price for the house of £156,000 on 23 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £156,000 | 23 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £156,000 results in an estimated price of approximately £247,729.
| 23 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £156,000 | £91,729 | £247,729 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 11.279 % | £17,595 | £173,595 |
| 3 Month Average | 50.900 % | £79,404 | £235,404 |
| 6 Month Average | 60.649 % | £94,612 | £250,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £273,401 | £265,000 | 85 REDLANDS ROAD |
| 8 Dec 2023 | £226,974 | £220,000 | 81 REDLANDS ROAD |
| 12 Sep 2023 | £282,221 | £276,000 | 50 SHUSTOKE ROAD |
| 9 Jun 2023 | £285,726 | £280,000 | 57 REDLANDS ROAD |
| 19 Aug 2022 | £165,775 | £165,000 | 35 SHUSTOKE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Mar 2015. Using an estimated price of £247,729 means this house is valued at £4,346 per sq meter (£403 per sq foot).
The average size of a house on BROOMFIELDS AVENUE is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomfields Avenue |
| Nov 2024 | Anti-social behaviour | On or near Shustoke Road | |
| Nov 2024 | Anti-social behaviour | On or near Shustoke Road | |
| Nov 2024 | Possession of weapons | Under investigation | On or near Shustoke Road |
| Nov 2024 | Other crime | Unable to prosecute suspect | On or near Shustoke Road |