£177,707
This estimated value is based upon the latest sale price for the house of £34,700 on 23 Jun 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £34,700 | 23 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 1997 the House Price Index for WEST MIDLANDS was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £34,700 results in an estimated price of approximately £177,707.
| 23 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.6 | 412.126 % | £34,700 | £143,007 | £177,707 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 476.589 % | £165,376 | £200,076 |
| 3 Month Average | 294.131 % | £102,063 | £136,763 |
| 6 Month Average | 313.949 % | £108,940 | £143,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £212,669 | £209,950 | 193 NEWHAMPTON ROAD WEST |
| 4 Nov 2022 | £120,540 | £122,000 | 4 NEWBRIDGE MEWS |
| 4 Nov 2022 | £128,395 | £129,950 | 1 NEWBRIDGE MEWS |
| 26 Aug 2022 | £483,698 | £485,000 | 132 TETTENHALL ROAD |
| 14 Apr 2022 | £339,782 | £329,950 | MIDDLE FLAT 5 BALFOUR CRESCENT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 29 Jan 2014. Using an estimated price of £177,708 means this house is valued at £2,733 per sq meter (£253 per sq foot).
The average size of a house on BALFOUR CRESCENT is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newbridge Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbridge Street |
| Dec 2023 | Robbery | Under investigation | On or near Newbridge Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mcbean Road |
| Mar 2024 | Anti-social behaviour | On or near Mcbean Road |