£198,496
This estimated value is based upon the latest sale price for the house of £135,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 22 May 2015 |
| £85,000 | 26 Sep 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £135,000 results in an estimated price of approximately £198,496.
| 22 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £135,000 | £63,496 | £198,496 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | -6.062 % | £-8,183 | £126,816 |
| 3 Month Average | 42.694 % | £57,636 | £192,636 |
| 6 Month Average | 52.249 % | £70,536 | £205,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £301,033 | £295,000 | 3 REDSAND CLOSE |
| 31 Oct 2022 | £139,534 | £140,000 | 4 LYDNEY CLOSE |
| 9 Aug 2022 | £221,034 | £220,000 | 406 STROUD AVENUE |
| 30 Jun 2022 | £155,831 | £152,500 | 7 OVERDALE DRIVE |
| 12 May 2022 | £181,221 | £176,500 | 33 DURSLEY CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 12 Oct 2015. Using an estimated price of £198,496 means this house is valued at £4,315 per sq meter (£400 per sq foot).
The average size of a house on NEWENT CLOSE is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kemble Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kemble Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kemble Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lydney Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Dursley Close |