£166,387
This estimated value is based upon the latest sale price for the house of £98,000 on 5 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £98,000 | 5 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £98,000 results in an estimated price of approximately £166,387.
| 5 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £98,000 | £68,387 | £166,387 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 57.338 % | £56,191 | £154,191 |
| 3 Month Average | 64.366 % | £63,078 | £161,078 |
| 6 Month Average | 59.191 % | £58,007 | £156,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £259,541 | £255,000 | 9 MOUNT ROAD |
| 10 Nov 2023 | £238,531 | £235,000 | 31 BEACH AVENUE |
| 21 Jul 2023 | £103,392 | £102,000 | 39 BRYNMAWR ROAD |
| 9 Mar 2023 | £136,789 | £135,500 | 8 LANE ROAD |
| 23 Feb 2023 | £214,855 | £215,000 | 3 MOUNT ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Jul 2012. Using an estimated price of £166,387 means this house is valued at £1,848 per sq meter (£171 per sq foot).
The average size of a house on BROUGH CLOSE is 99 sq meters (1,067 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Brough Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brynmawr Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Brynmawr Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beach Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Avenue |