£102,045
This estimated value is based upon the latest sale price for the house of £59,500 on 24 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £59,500 | 24 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 February 2012 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 71.505%.Applying this 71.505% change to the original purchase price of £59,500 results in an estimated price of approximately £102,045.
| 24 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £59,500 | £42,545 | £102,045 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -8.248 % | £-4,907 | £54,592 |
| 3 Month Average | 54.546 % | £32,454 | £91,954 |
| 6 Month Average | 51.253 % | £30,495 | £89,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £101,226 | £100,000 | 174C SOUTH ROAD |
| 28 Nov 2022 | £108,684 | £110,000 | 182B SOUTH ROAD |
| 15 Jul 2022 | £274,740 | £274,000 | 70 CASLON CRESCENT |
| 20 May 2022 | £234,417 | £230,000 | 56 THE BROADWAY |
| 11 Feb 2022 | £262,174 | £250,000 | 32 THE BROADWAY |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 13 Mar 2019. Using an estimated price of £102,045 means this house is valued at £2,488 per sq meter (£231 per sq foot).
The average size of a house on THE BROADWAY is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Caslon Crescent |
| Jan 2024 | Anti-social behaviour | On or near Caslon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Caslon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Caslon Crescent | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Caslon Crescent |