£91,043
This estimated value is based upon the latest sale price for the house of £57,000 on 16 Jan 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £57,000 | 16 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2014 the House Price Index for WEST MIDLANDS was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £57,000 results in an estimated price of approximately £91,043.
| 16 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £57,000 | £34,043 | £91,043 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 100.133 % | £57,075 | £114,075 |
| 3 Month Average | 42.284 % | £24,102 | £81,102 |
| 6 Month Average | 52.399 % | £29,867 | £86,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £135,506 | £133,500 | 33 SALCOMBE GROVE |
| 13 Sep 2023 | £167,137 | £165,000 | 84 SUMMERHILL ROAD |
| 18 Aug 2023 | £176,544 | £175,000 | 28 HARDING STREET |
| 20 Jun 2023 | £65,797 | £65,000 | 20 SUNBURY CLOSE |
| 1 Jul 2022 | £225,607 | £225,000 | 67 SUMMERHILL ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Jun 2012. Using an estimated price of £91,043 means this house is valued at £1,319 per sq meter (£122 per sq foot).
The average size of a house on NORTON CRESCENT is 88 sq meters (952 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norton Crescent |
| Apr 2024 | Anti-social behaviour | On or near Norton Crescent | |
| Mar 2024 | Anti-social behaviour | On or near Norton Crescent | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norton Crescent |
| Mar 2024 | Anti-social behaviour | On or near Norton Crescent |