£99,629
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Sep 2016. 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 Newbold Croft
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 19 Sep 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £75,000 results in an estimated price of approximately £99,629.
| 19 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £75,000 | £24,629 | £99,629 |
The Postcode Pricing Model uses changes in average sales price within the B7 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 | -41.687 % | £-31,265 | £43,734 |
| 3 Month Average | 109.622 % | £82,216 | £157,216 |
| 6 Month Average | 76.437 % | £57,327 | £132,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £177,267 | £175,000 | 7 FOWLER STREET |
| 8 Sep 2023 | £182,331 | £180,000 | 1 FOWLER STREET |
| 25 Aug 2023 | £29,458 | £29,200 | 6 NEWBOLD CROFT |
| 21 Jul 2023 | £139,376 | £137,500 | 223 ROCKY LANE |
| 20 Apr 2023 | £116,252 | £115,000 | 79 BLOOMSBURY WALK |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 3 Jun 2016. Using an estimated price of £99,629 means this house is valued at £1,633 per sq meter (£151 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newbold Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bodmin Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bodmin Grove |
| Mar 2024 | Other theft | Under investigation | On or near Oliver Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oliver Street |