£187,371
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Broomfield Place
More crime details
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| Price Paid | Date |
|---|---|
| £115,000 | 30 Mar 2007 |
| Terraced |
| Freehold |
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 March 2007 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £115,000 results in an estimated price of approximately £187,371.
| 30 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £115,000 | £72,371 | £187,371 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 23.207 % | £26,687 | £141,687 |
| 3 Month Average | 24.713 % | £28,419 | £143,419 |
| 6 Month Average | 30.016 % | £34,518 | £149,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2024 | £162,000 | £162,000 | 179 MELBOURNE ROAD |
| 23 Apr 2024 | £196,708 | £195,000 | 145 MELBOURNE ROAD |
| 22 Apr 2024 | £181,577 | £180,000 | 41 BROOMFIELD PLACE |
| 28 Nov 2023 | £187,766 | £183,000 | 194 MELBOURNE ROAD |
| 14 Sep 2023 | £81,803 | £80,000 | 41 HEARSALL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Unable to prosecute suspect | On or near Broomfield Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Broomfield Place |
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Broomfield Place |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomfield Place |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broomfield Place |