£272,746
This estimated value is based upon the latest sale price for the house of £159,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £159,000 | 14 Jan 2011 |
| £52,000 | 25 Aug 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 2011 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £159,000 results in an estimated price of approximately £272,746.
| 14 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £159,000 | £113,746 | £272,746 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -32.332 % | £-51,407 | £107,592 |
| 3 Month Average | 47.903 % | £76,165 | £235,165 |
| 6 Month Average | 53.931 % | £85,749 | £244,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £429,042 | £425,000 | 2 BROOKSIDE WAY |
| 29 Jul 2022 | £270,729 | £270,000 | 18A SUMMERFIELD AVENUE |
| 16 Jun 2022 | £319,515 | £315,000 | 40 LYNWOOD AVENUE |
| 16 Feb 2022 | £377,530 | £360,000 | 38 LYNWOOD AVENUE |
| 8 Dec 2021 | £482,120 | £450,000 | 47 LYNWOOD AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Oct 2014. Using an estimated price of £272,746 means this house is valued at £3,896 per sq meter (£361 per sq foot).
The average size of a house on BROOKSIDE WAY is 117 sq meters (1,263 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brenwood Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfair Drive |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Summerfield Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lynwood Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |