£123,590
This estimated value is based upon the latest sale price for the house of £78,000 on 19 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £78,000 | 19 Dec 2013 |
| £75,000 | 16 Jan 2009 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2013 the House Price Index for WEST MIDLANDS was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £78,000 results in an estimated price of approximately £123,590.
| 19 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £78,000 | £45,590 | £123,590 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 95.478 % | £74,472 | £152,472 |
| 3 Month Average | 55.203 % | £43,057 | £121,057 |
| 6 Month Average | 59.688 % | £46,556 | £124,556 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 29 Jan 2014.
The average size of a house on BROMFORD DRIVE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Folkestone Croft |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Folkestone Croft |