£142,752
This estimated value is based upon the latest sale price for the house of £74,750 on 28 Sep 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£74,750 | 28 Sep 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 September 2004 the House Price Index for WEST MIDLANDS was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £74,750 results in an estimated price of approximately £142,752.
28 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £74,750 | £68,002 | £142,752 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 88.805 % | £66,381 | £141,131 |
3 Month Average | 50.313 % | £37,609 | £112,359 |
6 Month Average | 52.687 % | £39,383 | £114,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £246,315 | £243,000 | 16 HARDWICKE WAY |
30 Jun 2023 | £55,674 | £55,000 | 66 NEW FARM ROAD |
21 Apr 2023 | £181,959 | £180,000 | 16 HOLCROFT ROAD |
24 Feb 2023 | £189,872 | £190,000 | 19 BREDON AVENUE |
26 Jan 2023 | £164,226 | £165,000 | 18 BREDON AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Mar 2020. Using an estimated price of £142,753 means this house is valued at £1,903 per sq meter (£176 per sq foot).
The average size of a house on NEW FARM ROAD is 109 sq meters (1,181 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Farm Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barn Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barn Close |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Barn Close |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Barn Close |