£146,349
This estimated value is based upon the latest sale price for the house of £55,500 on 31 Oct 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £55,500 | 31 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2002 the House Price Index for WEST MIDLANDS was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £55,500 results in an estimated price of approximately £146,349.
| 31 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £55,500 | £90,849 | £146,349 |
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 | 62.649 % | £34,769 | £90,269 |
| 3 Month Average | 100.870 % | £55,982 | £111,482 |
| 6 Month Average | 147.720 % | £81,984 | £137,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £208,526 | £206,000 | 26 IVY HOUSE ROAD |
| 23 Jun 2023 | £220,673 | £218,000 | 48 WALLACE ROAD |
| 18 Nov 2022 | £217,367 | £220,000 | 4 BRUNEL ROAD |
| 11 Oct 2022 | £118,722 | £120,000 | 33 MARTLEY ROAD |
| 17 Mar 2022 | £181,346 | £175,000 | 44 IVY HOUSE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Jan 2015. Using an estimated price of £146,350 means this house is valued at £2,152 per sq meter (£199 per sq foot).
The average size of a house on NEWBURY LANE is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Lane |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Newbury Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wallace Close |