£101,436
This estimated value is based upon the latest sale price for the house of £58,850 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £58,850 | 16 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 921 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 December 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £58,850 results in an estimated price of approximately £101,436.
| 16 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £58,850 | £42,586 | £101,436 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 161.017 % | £94,758 | £153,608 |
| 3 Month Average | 81.164 % | £47,764 | £106,614 |
| 6 Month Average | 81.081 % | £47,716 | £106,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £167,938 | £165,000 | 189 NEWCOMBE ROAD |
| 8 Dec 2023 | £183,205 | £180,000 | 33 FARCROFT ROAD |
| 28 Sep 2022 | £174,838 | £176,250 | 244 SANDWELL ROAD |
| 4 Feb 2022 | £167,791 | £160,000 | 102 NEWCOMBE ROAD |
| 22 Jul 2021 | £178,136 | £155,000 | 217 NEWCOMBE ROAD |
This house has a floor area of 85 sq meters or 921 sq feet when measured on 3 Oct 2011. Using an estimated price of £101,437 means this house is valued at £1,185 per sq meter (£110 per sq foot).
The average size of a house on NEWCOMBE ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Farcroft Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farcroft Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farcroft Road |
| Mar 2024 | Burglary | Under investigation | On or near Farcroft Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Farcroft Grove |