£160,156
This estimated value is based upon the latest sale price for the house of £125,000 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 29 Jun 2017 |
| £123,000 | 23 Aug 2007 |
| £47,500 | 5 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £125,000 results in an estimated price of approximately £160,156.
| 29 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £125,000 | £35,156 | £160,156 |
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 | -26.128 % | £-32,660 | £92,339 |
| 3 Month Average | -0.729 % | £-911 | £124,088 |
| 6 Month Average | 26.737 % | £33,420 | £158,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £224,875 | £222,000 | 56 ASCOT CLOSE |
| 7 Jul 2023 | £182,456 | £180,000 | 21 ASCOT CLOSE |
| 6 Apr 2023 | £3,118,897 | £3,085,315 | 50 NEWBURY LANE |
| 6 Jun 2022 | £66,439 | £65,500 | 85 ASCOT CLOSE |
| 8 Apr 2022 | £180,215 | £175,000 | 78 NEWBURY LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Jun 2013. Using an estimated price of £160,157 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on NEWBURY LANE is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ruby Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ruby Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ruby Drive |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Ruby Drive |
| Mar 2024 | Anti-social behaviour | On or near Ruby Drive |