£181,827
This estimated value is based upon the latest sale price for the house of £155,000 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £155,000 | 15 Oct 2020 |
| £52,500 | 10 Aug 2001 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £155,000 results in an estimated price of approximately £181,827.
| 15 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £155,000 | £26,827 | £181,827 |
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 | 19.709 % | £30,548 | £185,548 |
| 3 Month Average | 22.566 % | £34,977 | £189,977 |
| 6 Month Average | 10.912 % | £16,913 | £171,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £199,144 | £197,000 | 108 BROOMHILL ROAD |
| 31 Mar 2023 | £282,663 | £280,000 | 11 POPPYMEAD |
| 8 Aug 2022 | £184,503 | £185,000 | 17 LITTLE OWL CLOSE |
| 21 Jul 2022 | £160,432 | £160,000 | 59 BROOMHILL ROAD |
| 1 Apr 2022 | £95,256 | £92,500 | 3 GUILLIMOT GROVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Mar 2020. Using an estimated price of £181,828 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on BROOMHILL ROAD is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Monkshood Mews |
| Apr 2024 | Drugs | Under investigation | On or near Monkshood Mews |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Monkshood Mews |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Monkshood Mews |
| Apr 2024 | Vehicle crime | Under investigation | On or near Poppymead |