£113,520
This estimated value is based upon the latest sale price for the house of £38,000 on 8 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£38,000 | 8 Apr 2002 |
£23,000 | 6 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 April 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £38,000 results in an estimated price of approximately £113,520.
8 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £38,000 | £75,520 | £113,520 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 322.642 % | £122,604 | £160,604 |
3 Month Average | 191.237 % | £72,669 | £110,669 |
6 Month Average | 180.849 % | £68,722 | £106,722 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £174,045 | £171,000 | 56 NEWBRIDGE STREET |
26 Jul 2023 | £121,637 | £120,000 | 95 NEWBRIDGE STREET |
15 Jun 2023 | £137,668 | £136,000 | 10 LLOYD STREET |
31 Mar 2023 | £129,722 | £128,500 | 118A NEWHAMPTON ROAD WEST |
24 Mar 2023 | £136,284 | £135,000 | 111 COURT ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 May 2017. Using an estimated price of £113,521 means this house is valued at £1,290 per sq meter (£119 per sq foot).
The average size of a house on NEWHAMPTON ROAD WEST is 95 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbridge Street |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newbridge Street |
Dec 2023 | Robbery | Under investigation | On or near Newbridge Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lloyd Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lloyd Street |