£291,450
This estimated value is based upon the latest sale price for the house of £114,000 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,000 | 15 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,224 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 November 2002 the House Price Index for WEST MIDLANDS was 57.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 155.659%.Applying this 155.659% change to the original purchase price of £114,000 results in an estimated price of approximately £291,450.
| 15 Nov 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.0 | 155.659 % | £114,000 | £177,450 | £291,450 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 31.411 % | £35,808 | £149,808 |
| 3 Month Average | 61.865 % | £70,525 | £184,525 |
| 6 Month Average | 95.364 % | £108,715 | £222,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £231,406 | £232,500 | 12 ORTON GROVE |
| 17 Aug 2022 | £266,201 | £268,000 | 16 ORTON GROVE |
| 20 May 2022 | £314,678 | £310,000 | 4 BRADEN ROAD |
| 29 Apr 2022 | £230,769 | £225,000 | 9 BRYAN AVENUE |
| 12 Apr 2022 | £164,103 | £160,000 | 538 PENN ROAD |
This house has a floor area of 113 sq meters or 1,224 sq feet when measured on 23 Apr 2010. Using an estimated price of £291,451 means this house is valued at £2,562 per sq meter (£238 per sq foot).
The average size of a house on BRADEN ROAD is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braden Road |
| Mar 2024 | Burglary | Under investigation | On or near Bryan Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Holden Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Lane |