£162,884
This estimated value is based upon the latest sale price for the house of £86,000 on 19 Jan 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£86,000 | 19 Jan 2005 |
£68,500 | 25 Jul 2003 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 January 2005 the House Price Index for WEST MIDLANDS was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £86,000 results in an estimated price of approximately £162,884.
19 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 149.7 | 89.400 % | £86,000 | £76,884 | £162,884 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 180.086 % | £154,874 | £240,874 |
3 Month Average | 87.641 % | £75,370 | £161,370 |
6 Month Average | 60.664 % | £52,171 | £138,171 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £227,004 | £222,000 | 56 ASCOT CLOSE |
6 Apr 2023 | £3,144,123 | £3,085,315 | 50 NEWBURY LANE |
6 Jun 2022 | £66,931 | £65,500 | 85 ASCOT CLOSE |
8 Apr 2022 | £181,549 | £175,000 | 78 NEWBURY LANE |
7 Jan 2022 | £138,886 | £131,000 | 113 NEWBURY LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Jan 2013. Using an estimated price of £162,884 means this house is valued at £2,326 per sq meter (£216 per sq foot).
The average size of a house on NEWBURY LANE is 81 sq meters (872 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Petrol Station |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Petrol Station |
May 2024 | Robbery | Under investigation | On or near Petrol Station |