£273,069
This estimated value is based upon the latest sale price for the house of £179,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£179,000 | 15 Aug 2014 |
£64,000 | 19 May 1995 |
Detached |
Freehold |
Floor Area: 58 sq meters or 627 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £179,000 results in an estimated price of approximately £273,069.
15 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £179,000 | £94,069 | £273,069 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 95.554 % | £171,041 | £350,041 |
3 Month Average | 20.296 % | £36,329 | £215,329 |
6 Month Average | 32.707 % | £58,544 | £237,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £275,980 | £267,500 | 3 NEWLAND GARDENS |
22 Sep 2023 | £178,945 | £175,000 | 2 CODSALL ROAD |
1 Sep 2023 | £250,523 | £245,000 | 56 BARRS ROAD |
22 Mar 2023 | £193,227 | £190,000 | 90 CODSALL ROAD |
10 Mar 2023 | £238,991 | £235,000 | 5 SURFEIT HILL ROAD |
This house has a floor area of 58 sq meters or 627 sq feet when measured on 2 Mar 2011. Using an estimated price of £273,069 means this house is valued at £4,683 per sq meter (£435 per sq foot).
The average size of a house on NEWLAND GARDENS is 86 sq meters (929 sq feet).
This house is the largest in the street with a floor area of 58 sq meters (627 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Dingle Avenue | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dingle Avenue |
Jun 2024 | Anti-social behaviour | On or near Dingle Avenue | |
May 2024 | Anti-social behaviour | On or near Dingle Avenue | |
May 2024 | Anti-social behaviour | On or near Dingle Avenue |