£231,419
This estimated value is based upon the latest sale price for the house of £193,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £193,000 | 28 Aug 2020 |
| £138,000 | 14 Aug 2009 |
| £87,950 | 30 May 2001 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £193,000 results in an estimated price of approximately £231,419.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £193,000 | £38,419 | £231,419 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 6.236 % | £12,036 | £205,036 |
| 3 Month Average | 16.989 % | £32,788 | £225,788 |
| 6 Month Average | 13.875 % | £26,777 | £219,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £101,503 | £100,000 | 24 THE GROVE |
| 30 Jun 2023 | £204,477 | £202,000 | 52 BROOKLANDS |
| 25 Jan 2023 | £184,133 | £185,000 | 25 BRACKENDALE DRIVE |
| 3 Nov 2022 | £138,324 | £140,000 | 17 BROOKLANDS |
| 24 Jan 2022 | £273,626 | £260,000 | 3 EDELWEISS CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 28 Jan 2020. Using an estimated price of £231,420 means this house is valued at £3,045 per sq meter (£282 per sq foot).
The average size of a house on BRACKENDALE DRIVE is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spruce Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spruce Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Spruce Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spruce Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Spruce Road |