£198,420
This estimated value is based upon the latest sale price for the house of £36,000 on 28 Feb 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £36,000 | 28 Feb 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 1995 the House Price Index for WEST MIDLANDS was 26.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 451.168%.Applying this 451.168% change to the original purchase price of £36,000 results in an estimated price of approximately £198,420.
| 28 Feb 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 146.7 | 451.168 % | £36,000 | £162,420 | £198,420 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 1323.933 % | £476,615 | £512,615 |
| 3 Month Average | 469.515 % | £169,025 | £205,025 |
| 6 Month Average | 406.573 % | £146,366 | £182,366 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 May 2014.
The average size of a house on NEWFIELD ROAD is 101 sq meters (1,088 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newfield Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newfield Road |
| Jan 2024 | Other crime | Under investigation | On or near Newfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Newfield Road |