£450,643
This estimated value is based upon the latest sale price for the house of £180,000 on 9 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 9 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,326 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 2002 the House Price Index for WEST MIDLANDS was 58.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 150.357%.Applying this 150.357% change to the original purchase price of £180,000 results in an estimated price of approximately £450,643.
| 9 Dec 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 146.7 | 150.357 % | £180,000 | £270,643 | £450,643 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 73.213 % | £131,782 | £311,782 |
| 3 Month Average | 110.641 % | £199,154 | £379,154 |
| 6 Month Average | 132.548 % | £238,586 | £418,586 |
This house has a floor area of 123 sq meters or 1,326 sq feet when measured on 31 Oct 2008.
The average size of a house on BROADLANDS CLOSE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadlands Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Renolds Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Renolds Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Renolds Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near B4101 |