£459,820
This estimated value is based upon the latest sale price for the house of £457,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £457,000 | 12 May 2022 |
| £335,000 | 11 Jan 2018 |
| £265,000 | 6 Jun 2014 |
| £225,000 | 14 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.617%.Applying this 0.617% change to the original purchase price of £457,000 results in an estimated price of approximately £459,820.
| 12 May 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 146.7 | 0.617 % | £457,000 | £2,820 | £459,820 |
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 | -43.616 % | £-199,327 | £257,672 |
| 3 Month Average | -7.796 % | £-35,626 | £421,373 |
| 6 Month Average | -0.482 % | £-2,203 | £454,796 |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 22 Nov 2021.
The average size of a house on BROAD LANE is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Cadden Drive |
| Jan 2024 | Other crime | Further investigation is not in the public interest | On or near Cadden Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cadden Drive |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Kings Gardens |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Claverdon Road |