£183,387
This estimated value is based upon the latest sale price for the house of £110,400 on 24 Jul 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,400 | 24 Jul 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 July 2013 the House Price Index for WEST MIDLANDS was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £110,400 results in an estimated price of approximately £183,387.
24 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.6 | 66.112 % | £110,400 | £72,987 | £183,387 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | 61.192 % | £67,555 | £177,955 |
3 Month Average | 22.296 % | £24,614 | £135,014 |
6 Month Average | 41.257 % | £45,548 | £155,948 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £141,836 | £140,500 | APARTMENT 110 LATITUDE, 155 BROMSGROVE STREET |
1 Feb 2023 | £164,889 | £165,000 | APARTMENT 166 LATITUDE, 155 BROMSGROVE STREET |
7 Jul 2021 | £149,404 | £130,000 | APARTMENT 62 LATITUDE, 155 BROMSGROVE STREET |
11 Sep 2020 | £276,066 | £232,500 | APARTMENT 151 LATITUDE, 155 BROMSGROVE STREET |
28 Sep 2018 | £191,404 | £155,000 | APARTMENT 150 LATITUDE, 155 BROMSGROVE STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 6 Jun 2019. Using an estimated price of £183,388 means this house is valued at £4,264 per sq meter (£396 per sq foot).
The average size of a house on BROMSGROVE STREET is 56 sq meters (609 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Other theft | Under investigation | On or near Parking Area |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |