£268,228
This estimated value is based upon the latest sale price for the house of £72,500 on 18 Aug 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,500 | 18 Aug 2000 |
| £49,000 | 10 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 2000 the House Price Index for WEST MIDLANDS was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £72,500 results in an estimated price of approximately £268,228.
| 18 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £72,500 | £195,728 | £268,228 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 129.245 % | £93,702 | £166,202 |
| 3 Month Average | 206.893 % | £149,997 | £222,497 |
| 6 Month Average | 257.451 % | £186,651 | £259,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2022 | £182,786 | £185,000 | 108 LAUREL ROAD |
| 31 Oct 2022 | £243,380 | £246,000 | 176 THE BROADWAY |
| 18 May 2022 | £245,628 | £241,000 | 179 THE BROADWAY |
| 14 Apr 2022 | £236,854 | £230,000 | 142 THE BROADWAY |
| 14 Feb 2022 | £215,507 | £205,500 | 167 THE BROADWAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 23 Apr 2014. Using an estimated price of £268,229 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on THE BROADWAY is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Holly Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Pebworth Grove |
| Feb 2024 | Other crime | Under investigation | On or near Pebworth Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Linden Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Linden Road |