£578,553
This estimated value is based upon the latest sale price for the house of £335,000 on 3 Oct 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,000 | 3 Oct 2008 |
| £695,000 | 13 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,118 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 2008 the House Price Index for WEST MIDLANDS was 84.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 72.702%.Applying this 72.702% change to the original purchase price of £335,000 results in an estimated price of approximately £578,553.
| 3 Oct 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 146.7 | 72.702 % | £335,000 | £243,553 | £578,553 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 59.064 % | £197,864 | £532,864 |
| 3 Month Average | 43.225 % | £144,802 | £479,802 |
| 6 Month Average | 61.232 % | £205,126 | £540,126 |
This house has a floor area of 196 sq meters or 2,118 sq feet when measured on 27 Mar 2012.
The average size of a house on BROAD LANE SOUTH is 113 sq meters (1,219 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
| Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orwell Close |
| Nov 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Five Fields Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Broad Lane South |