£73,605
This estimated value is based upon the latest sale price for the house of £60,000 on 6 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 6 Dec 2019 |
| £95,000 | 21 Sep 2012 |
| £112,500 | 26 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £60,000 results in an estimated price of approximately £73,605.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £60,000 | £13,605 | £73,605 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 12.768 % | £7,660 | £67,660 |
| 3 Month Average | 25.000 % | £15,000 | £75,000 |
| 6 Month Average | 28.176 % | £16,905 | £76,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £235,000 | £235,000 | 42 BROADWAY |
| 15 Sep 2023 | £264,380 | £261,000 | 17 BERNARD ROAD |
| 17 Aug 2023 | £121,059 | £120,000 | 9 BROADWAY COURT POTTERY ROAD |
| 3 Mar 2023 | £403,804 | £400,000 | 105 POTTERY ROAD |
| 31 Aug 2022 | £128,654 | £129,000 | 116 POTTERY ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 13 Oct 2018. Using an estimated price of £73,606 means this house is valued at £1,600 per sq meter (£148 per sq foot).
The average size of a house on BROADWAY is 92 sq meters (1,000 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Pottery Road |
| Apr 2024 | Anti-social behaviour | On or near Pottery Road | |
| Apr 2024 | Anti-social behaviour | On or near Pottery Road | |
| Apr 2024 | Anti-social behaviour | On or near Pottery Road | |
| Apr 2024 | Anti-social behaviour | On or near Pottery Road |