£117,944
This estimated value is based upon the latest sale price for the house of £68,500 on 28 Mar 2012. 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 Bredon Road
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| Price Paid | Date |
|---|---|
| £68,500 | 28 Mar 2012 |
| £83,500 | 12 Oct 2007 |
| £68,000 | 10 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 730 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 March 2012 the House Price Index for WEST MIDLANDS was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £68,500 results in an estimated price of approximately £117,944.
| 28 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £68,500 | £49,444 | £117,944 |
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 | 151.654 % | £103,883 | £172,383 |
| 3 Month Average | 79.960 % | £54,772 | £123,272 |
| 6 Month Average | 55.938 % | £38,317 | £106,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £159,958 | £157,500 | 274 NEWBURY LANE |
| 24 Nov 2023 | £256,511 | £250,000 | 60 BILL THOMAS WAY |
| 17 Nov 2023 | £200,079 | £195,000 | 286 NEWBURY LANE |
| 18 Aug 2023 | £183,306 | £180,000 | 292 NEWBURY LANE |
| 18 Aug 2023 | £214,875 | £211,000 | 260 NEWBURY LANE |
This house has a floor area of 67 sq meters or 730 sq feet when measured on 24 Jul 2009. Using an estimated price of £117,944 means this house is valued at £1,737 per sq meter (£161 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 | Burglary | Under investigation | On or near Bredon Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Martley Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredon Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bredon Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wallace Road |