£316,833
This estimated value is based upon the latest sale price for the house of £258,000 on 14 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Newfield Close
More crime details
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| Price Paid | Date |
|---|---|
| £258,000 | 14 Jun 2018 |
| £117,000 | 28 Jul 2000 |
| 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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £258,000 results in an estimated price of approximately £316,833.
| 14 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £258,000 | £58,833 | £316,833 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -24.235 % | £-62,526 | £195,473 |
| 3 Month Average | -22.257 % | £-57,423 | £200,576 |
| 6 Month Average | -1.076 % | £-2,775 | £255,224 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 Jan 2017.
The average size of a house on CORNYX LANE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newfield Close |
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Newfield Close |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Bisbrook Croft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bisbrook Croft |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bisbrook Croft |