£206,611
This estimated value is based upon the latest sale price for the house of £158,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £158,000 | 21 Oct 2016 |
| £47,000 | 19 Apr 2002 |
| £47,000 | 10 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £158,000 results in an estimated price of approximately £206,611.
| 21 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £158,000 | £48,611 | £206,611 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 79.415 % | £125,476 | £283,476 |
| 3 Month Average | 45.647 % | £72,122 | £230,122 |
| 6 Month Average | 30.864 % | £48,764 | £206,764 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Sep 2016.
The average size of a house on BROAD MEADOW LANE is 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Broad Meadow Lane |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Broad Meadow Lane |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Broad Meadow Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broad Meadow Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Colleen Avenue |