£168,637
This estimated value is based upon the latest sale price for the house of £69,000 on 21 Mar 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £69,000 | 21 Mar 2003 |
| £47,000 | 11 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2003 the House Price Index for WEST MIDLANDS was 61.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 144.402%.Applying this 144.402% change to the original purchase price of £69,000 results in an estimated price of approximately £168,637.
| 21 Mar 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 149.7 | 144.402 % | £69,000 | £99,637 | £168,637 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 119.844 % | £82,692 | £151,692 |
| 3 Month Average | 184.095 % | £127,025 | £196,025 |
| 6 Month Average | 208.389 % | £143,788 | £212,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £204,648 | £200,000 | 111 BROMFORD LANE |
| 15 Jun 2023 | £155,619 | £152,500 | 4 EMILY STREET |
| 20 Apr 2023 | £214,003 | £210,000 | 99B BROMFORD LANE |
| 20 Apr 2023 | £295,528 | £290,000 | 97 BROMFORD LANE |
| 10 Mar 2023 | £137,293 | £135,000 | 56 EMILY STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Oct 2013. Using an estimated price of £168,637 means this house is valued at £1,873 per sq meter (£174 per sq foot).
The average size of a house on BROMFORD LANE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Emily Street |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Emily Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Emily Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Emily Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Emily Street |