£239,852
This estimated value is based upon the latest sale price for the house of £168,500 on 20 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£168,500 | 20 Aug 2015 |
£60,000 | 16 Jun 1995 |
Semi-Detached |
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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 42.346%.Applying this 42.346% change to the original purchase price of £168,500 results in an estimated price of approximately £239,852.
20 Aug 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.0 | 42.346 % | £168,500 | £71,352 | £239,852 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 78.452 % | £132,191 | £300,691 |
3 Month Average | 38.447 % | £64,782 | £233,282 |
6 Month Average | 55.366 % | £93,290 | £261,790 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £272,658 | £267,500 | 3 NEWLAND GARDENS |
22 Mar 2023 | £191,033 | £190,000 | 90 CODSALL ROAD |
10 Mar 2023 | £236,277 | £235,000 | 5 SURFEIT HILL ROAD |
13 Feb 2023 | £162,233 | £163,000 | 28 SURFEIT HILL ROAD |
4 Jul 2022 | £184,750 | £185,000 | 1 SURFEIT HILL ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Oct 2013. Using an estimated price of £239,852 means this house is valued at £4,360 per sq meter (£405 per sq foot).
The average size of a house on NEWLAND GARDENS is 86 sq meters (929 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dingle Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Dingle Avenue |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradleys Close |
Feb 2024 | Anti-social behaviour | On or near Bradleys Close | |
Feb 2024 | Anti-social behaviour | On or near Bradleys Close |