£81,424
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Dec 2023. 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 Newfield Close
More crime details
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| Price Paid | Date |
|---|---|
| £80,000 | 11 Dec 2023 |
| £188,950 | 31 May 2012 |
| Flats/Maisonettes |
| Leasehold |
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 December 2023 the House Price Index for WEST MIDLANDS was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £80,000 results in an estimated price of approximately £81,424.
| 11 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £80,000 | £1,424 | £81,424 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 7.830 % | £6,264 | £86,264 |
| 3 Month Average | -31.426 % | £-25,141 | £54,858 |
| 6 Month Average | -20.952 % | £-16,761 | £63,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £81,425 | £80,000 | APARTMENT 24 ST FRANCIS LODGE, 24 CORNYX LANE |
| 21 Jul 2023 | £130,760 | £129,000 | APARTMENT 16 ST FRANCIS LODGE, 24 CORNYX LANE |
| 6 Mar 2023 | £393,709 | £390,000 | 33 CORNYX LANE |
| 28 Feb 2023 | £349,765 | £350,000 | 39 REDLANDS CLOSE |
| 15 Feb 2023 | £394,734 | £395,000 | 43A CORNYX LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Newfield Close |
| Dec 2023 | Drugs | Unable to prosecute suspect | On or near Newfield Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornyx Lane |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Bisbrook Croft |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bisbrook Croft |