£189,366
This estimated value is based upon the latest sale price for the house of £150,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 16 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £150,000 results in an estimated price of approximately £189,366.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £150,000 | £39,366 | £189,366 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 5.266 % | £7,898 | £157,898 |
| 3 Month Average | 33.824 % | £50,736 | £200,736 |
| 6 Month Average | 30.608 % | £45,912 | £195,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £259,995 | £256,000 | 37 THORNEYCROFT LANE |
| 28 Nov 2023 | £102,605 | £100,000 | 23 PRINCESS COURT |
| 24 Oct 2023 | £203,625 | £199,000 | 28 NEWBOLDS ROAD |
| 28 Apr 2023 | £117,192 | £115,000 | 13 QUEENS COURT |
| 13 Jan 2023 | £225,603 | £225,000 | 34 CADMAN CRESCENT |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 6 Jun 2017. Using an estimated price of £189,367 means this house is valued at £1,820 per sq meter (£169 per sq foot).
The average size of a house on NEWBOLDS ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maurice Grove |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maurice Grove |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maurice Grove |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Kingsway |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Kingsway |