£308,133
This estimated value is based upon the latest sale price for the house of £252,500 on 30 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £252,500 | 30 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.033%.Applying this 22.033% change to the original purchase price of £252,500 results in an estimated price of approximately £308,133.
| 30 May 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.033 % | £252,500 | £55,633 | £308,133 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | -11.708 % | £-29,561 | £222,938 |
| 3 Month Average | 13.896 % | £35,087 | £287,587 |
| 6 Month Average | 22.895 % | £57,808 | £310,308 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 2 Nov 2018.
The average size of a house on BROAD LANE is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Thirlmere Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Thirlmere Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Thirlmere Close |
| Feb 2024 | Drugs | Under investigation | On or near Thirlmere Close |
| Dec 2023 | Anti-social behaviour | On or near Thirlmere Close |