£344,539
This estimated value is based upon the latest sale price for the house of £231,000 on 9 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Brooklands Close
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| Price Paid | Date |
|---|---|
| £231,000 | 9 Dec 2014 |
| £267,500 | 13 Jul 2012 |
| £70,000 | 25 Jun 1999 |
| £73,000 | 12 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,471 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 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £231,000 results in an estimated price of approximately £344,539.
| 9 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £231,000 | £113,539 | £344,539 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 57.006 % | £131,682 | £362,682 |
| 3 Month Average | 37.547 % | £86,733 | £317,733 |
| 6 Month Average | 67.951 % | £156,966 | £387,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £279,336 | £275,200 | 51 WELBY ROAD |
| 3 Nov 2023 | £395,861 | £390,000 | 1186 HALL GREEN STATION WHARF |
| 7 Oct 2022 | £299,278 | £302,500 | 11 WELBY ROAD |
| 19 Aug 2022 | £284,235 | £285,000 | 26 SILVERLANDS CLOSE |
| 7 Jul 2022 | £180,486 | £180,000 | 9 WELBY ROAD |
This house has a floor area of 136 sq meters or 1,471 sq feet when measured on 14 Feb 2012. Using an estimated price of £344,539 means this house is valued at £2,520 per sq meter (£234 per sq foot).
There is one other house on the street which we know the size of, this is 6 BROOKLANDS CLOSE it is 153.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Brooklands Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooklands Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Brooklands Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooklands Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Brooklands Close |