£259,790
This estimated value is based upon the latest sale price for the house of £177,995 on 28 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £177,995 | 28 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £177,995 results in an estimated price of approximately £259,790.
| 28 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £177,995 | £81,795 | £259,790 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 27.664 % | £49,241 | £227,236 |
| 3 Month Average | 4.660 % | £8,294 | £186,289 |
| 6 Month Average | 27.530 % | £49,002 | £226,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £217,933 | £215,000 | 30 RICHARD BRADLEY WAY |
| 29 Jun 2022 | £258,655 | £255,000 | 62 RICHARD BRADLEY WAY |
| 11 Feb 2022 | £267,417 | £255,000 | 14 JOSEPH HALL DRIVE |
| 28 Jan 2022 | £105,241 | £100,000 | UNIT 6 BRYMILL INDUSTRIAL ESTATE BROWN LION STREET |
| 21 Sep 2021 | £1,072,205 | £995,000 | UNIT 3 BRYMILL INDUSTRIAL ESTATE BROWN LION STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 7 May 2015. Using an estimated price of £259,791 means this house is valued at £2,147 per sq meter (£199 per sq foot).
The average size of a house on RICHARD BRADLEY WAY is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parkers Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richard Bradley Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richard Bradley Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Richard Bradley Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brown Lion Street |