£297,857
This estimated value is based upon the latest sale price for the house of £218,000 on 8 Dec 2015. 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 Newlands Road
More crime details
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| Price Paid | Date |
|---|---|
| £218,000 | 8 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £218,000 results in an estimated price of approximately £297,857.
| 8 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £218,000 | £79,857 | £297,857 |
The Postcode Pricing Model uses changes in average sales price within the B30 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 | 73.968 % | £161,249 | £379,249 |
| 3 Month Average | 49.459 % | £107,819 | £325,819 |
| 6 Month Average | 33.693 % | £73,450 | £291,450 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 1 Oct 2015.
The average size of a house on NEWLANDS ROAD is 87 sq meters (936 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Newlands Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newlands Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Newlands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newlands Road |
| Feb 2024 | Anti-social behaviour | On or near Newlands Road |