£168,536
This estimated value is based upon the latest sale price for the house of £106,000 on 16 May 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,000 | 16 May 2008 |
| £93,000 | 29 Mar 2007 |
| Semi-Detached |
| Freehold |
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 2008 the House Price Index for WEST MIDLANDS was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £106,000 results in an estimated price of approximately £168,536.
| 16 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £106,000 | £62,536 | £168,536 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 1.317 % | £1,396 | £107,396 |
| 3 Month Average | 43.521 % | £46,131 | £152,131 |
| 6 Month Average | 52.997 % | £56,177 | £162,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £250,877 | £247,500 | 156 BROAD LANE |
| 13 Mar 2023 | £85,808 | £85,000 | 60 KIRKSTALL CRESCENT |
| 3 Mar 2023 | £280,644 | £278,000 | 2 FARMDALE GROVE |
| 11 Aug 2022 | £184,503 | £185,000 | 160E BROAD LANE |
| 1 Jun 2022 | £147,079 | £145,000 | 249 BROAD LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Lane |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Broad Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Bloxwich North |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kirkstall Close |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Tintern Crescent |