£222,302
This estimated value is based upon the latest sale price for the house of £127,500 on 10 Mar 2006. 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 Newman Road
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| Price Paid | Date |
|---|---|
| £127,500 | 10 Mar 2006 |
| £86,000 | 24 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 74.355%.Applying this 74.355% change to the original purchase price of £127,500 results in an estimated price of approximately £222,302.
| 10 Mar 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 146.7 | 74.355 % | £127,500 | £94,802 | £222,302 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -23.378 % | £-29,806 | £97,693 |
| 3 Month Average | 35.205 % | £44,885 | £172,385 |
| 6 Month Average | 39.278 % | £50,079 | £177,579 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Dec 2021.
The average size of a house on NEWMAN ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newman Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newman Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newman Road |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Newman Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Newman Road |