£81,254
This estimated value is based upon the latest sale price for the house of £15,000 on 4 Oct 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near New Inn Road
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| Price Paid | Date |
|---|---|
| £15,000 | 4 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 1996 the House Price Index for WEST MIDLANDS was 27.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 441.699%.Applying this 441.699% change to the original purchase price of £15,000 results in an estimated price of approximately £81,254.
| 4 Oct 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 146.7 | 441.699 % | £15,000 | £66,254 | £81,254 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 644.448 % | £96,667 | £111,667 |
| 3 Month Average | 565.373 % | £84,805 | £99,805 |
| 6 Month Average | 576.972 % | £86,545 | £101,545 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 7 Mar 2017.
There is one other house on the street which we know the size of, this is 28 NEW INN ROAD it is 66.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near New Inn Road |
| Mar 2024 | Burglary | Under investigation | On or near New Inn Road |
| Mar 2024 | Anti-social behaviour | On or near New Inn Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Inn Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near New Inn Road |