BROMLEY HOUSE, 41, ORMES LANE, WOLVERHAMPTON, WV6 8LL - £1,420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BROMLEY HOUSE is a detached house, which could now be worth an estimated £2,247,521. It was last sold for £1,420,000 in May 2017, which was around 556% above the average May 2017 detached price in the Wolverhampton local authority area.

BROMLEY HOUSE Sold Prices

Land registry data shows one sale for BROMLEY HOUSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 12 MAY	£1,420,000	£216,406	556% above HPI

What might BROMLEY HOUSE be worth now?

BROMLEY HOUSE might now be worth an estimated £2,247,521.

This is based on house price inflation of 58.3%, between May 2017 and April 2026, for detached houses, in the Wolverhampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.3% inflationary increase is applied to the most recent sale price for BROMLEY HOUSE of £1,420,000 on 12th May 2017. For the value to have increased from £1,420,000 to £2,247,521 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of BROMLEY HOUSE has moved in line with the HPI for detached houses in the Wolverhampton local authority area.
• The May 2017 sale price of £1,420,000 represented a fair market value for the property.
• The size, condition, and specification of BROMLEY HOUSE has not materially changed since May 2017.

Where is BROMLEY HOUSE?

BROMLEY HOUSE is located on ORMES LANE in WOLVERHAMPTON, in the WV6 postcode district.