£206,562
This estimated value is based upon the latest sale price for the house of £167,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £167,000 | 31 Aug 2018 |
| £44,000 | 8 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £167,000 results in an estimated price of approximately £206,562.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £167,000 | £39,562 | £206,562 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 105.480 % | £176,151 | £343,151 |
| 3 Month Average | 32.734 % | £54,665 | £221,665 |
| 6 Month Average | 32.402 % | £54,110 | £221,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £172,555 | £170,000 | 30 CANNOCK ROAD |
| 22 Sep 2023 | £237,031 | £234,000 | 104 NEWBOLDS ROAD |
| 28 Jul 2023 | £193,606 | £191,000 | 111 CADMAN CRESCENT |
| 5 Jun 2023 | £242,943 | £240,000 | 147 NEWBOLDS ROAD |
| 5 Aug 2022 | £282,240 | £283,000 | 137 NEWBOLDS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 15 Feb 2018. Using an estimated price of £206,563 means this house is valued at £2,488 per sq meter (£231 per sq foot).
The average size of a house on NEWBOLDS ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newbolds Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Copes Crescent |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Copes Crescent |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Copes Crescent |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Copes Crescent |