£229,050
This estimated value is based upon the latest sale price for the house of £178,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £178,000 | 26 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £178,000 results in an estimated price of approximately £229,050.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £178,000 | £51,050 | £229,050 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 59.702 % | £106,268 | £284,268 |
| 3 Month Average | 4.400 % | £7,831 | £185,831 |
| 6 Month Average | 19.765 % | £35,182 | £213,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £243,607 | £240,000 | 14 DAWN DRIVE |
| 7 Jul 2023 | £224,015 | £221,000 | 12 BERTRAM CLOSE |
| 21 Feb 2023 | £244,835 | £245,000 | 2 CHRISTINE CLOSE |
| 31 Oct 2022 | £89,041 | £90,000 | 83 FARMER WAY |
| 8 Jul 2022 | £140,378 | £140,000 | 10 LOVATT CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 1 Jun 2014. Using an estimated price of £229,051 means this house is valued at £3,418 per sq meter (£317 per sq foot).
The average size of a house on NEWMAN ROAD is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Bertram Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bertram Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Margaret Vale |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Lovatt Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seymour Road |