£536,145
This estimated value is based upon the latest sale price for the house of £385,000 on 16 Nov 2015. 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 Newent Road
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| Price Paid | Date |
|---|---|
| £385,000 | 16 Nov 2015 |
| Detached |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £385,000 results in an estimated price of approximately £536,145.
| 16 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £385,000 | £151,145 | £536,145 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 9.576 % | £36,866 | £421,866 |
| 3 Month Average | 46.162 % | £177,723 | £562,723 |
| 6 Month Average | 44.998 % | £173,240 | £558,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £415,310 | £410,000 | 10 REDMEAD CLOSE |
| 24 Feb 2023 | £494,667 | £495,000 | 32 CLAINES ROAD |
| 4 Oct 2022 | £185,008 | £187,000 | 18 LADY BRACKNELL MEWS |
| 1 Aug 2022 | £373,993 | £375,000 | 29 CLAINES ROAD |
| 29 Jun 2022 | £405,734 | £400,000 | 42 CLAINES ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 4 Aug 2015. Using an estimated price of £536,145 means this house is valued at £4,543 per sq meter (£422 per sq foot).
The average size of a house on KNIGHTON ROAD is 152 sq meters (1,637 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newent Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claines Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerdale Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redmead Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lindsey Avenue |