£555,000
This estimated value is based upon the latest sale price for the house of £555,000 on 23 May 2024. 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 Orchard Drive
More crime details
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| Price Paid | Date |
|---|---|
| £555,000 | 23 May 2024 |
| £295,000 | 23 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2024 the House Price Index for WEST MIDLANDS was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £555,000 results in an estimated price of approximately £555,000.
| 23 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.7 | 149.7 | 0.000 % | £555,000 | £0 | £555,000 |
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 | -17.426 % | £-96,712 | £458,287 |
| 3 Month Average | -2.512 % | £-13,940 | £541,059 |
| 6 Month Average | -0.917 % | £-5,090 | £549,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £555,000 | £555,000 | 994 BROAD LANE |
| 20 Nov 2023 | £138,516 | £135,000 | 39 ORCHARD DRIVE |
| 5 Jun 2023 | £142,863 | £140,000 | 6 PINE COURT HOCKLEY LANE |
| 16 Mar 2023 | £447,473 | £440,000 | 1024 BROAD LANE |
| 27 Feb 2023 | £110,740 | £110,000 | 25 ORCHARD DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Aug 2020. Using an estimated price of £555,000 means this house is valued at £5,663 per sq meter (£526 per sq foot).
The average size of a house on BROAD LANE is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Orchard Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garrick Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Delta Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Delta Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delta Close |