£174,583
This estimated value is based upon the latest sale price for the house of £110,000 on 7 Mar 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 7 Mar 2008 |
| £75,000 | 5 Dec 2003 |
| £40,000 | 26 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2008 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £110,000 results in an estimated price of approximately £174,583.
| 7 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £110,000 | £64,583 | £174,583 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -18.173 % | £-19,990 | £90,009 |
| 3 Month Average | 49.112 % | £54,023 | £164,023 |
| 6 Month Average | 38.151 % | £41,966 | £151,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £132,028 | £130,000 | 45 ECCLESTONE ROAD |
| 8 Nov 2023 | £215,469 | £210,000 | 10 SOUTHALL ROAD |
| 13 Oct 2023 | £140,695 | £137,500 | 30 ECCLESTONE ROAD |
| 11 Sep 2023 | £182,012 | £178,000 | 13 NEWEY ROAD |
| 28 Aug 2023 | £188,398 | £185,000 | 3 SOUTHALL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 18 Sep 2013. Using an estimated price of £174,583 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on NEWEY ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Newey Road |
| Jun 2024 | Anti-social behaviour | On or near Newey Road | |
| Jun 2024 | Anti-social behaviour | On or near Newey Road | |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newey Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newey Road |