£162,552
This estimated value is based upon the latest sale price for the house of £157,500 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near New Croft Drive
More crime details
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Price Paid | Date |
---|---|
£157,500 | 4 Mar 2022 |
£125,000 | 13 Nov 2015 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £157,500 results in an estimated price of approximately £162,552.
4 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.0 | 3.208 % | £157,500 | £5,052 | £162,552 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 16.325 % | £25,712 | £183,212 |
3 Month Average | 7.426 % | £11,696 | £169,196 |
6 Month Average | 4.582 % | £7,216 | £164,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £172,081 | £171,500 | 158 ST ANNES ROAD |
8 Mar 2024 | £265,898 | £265,000 | 19 NEW CROFT DRIVE |
27 Jul 2023 | £181,719 | £180,000 | 8 NEW CROFT DRIVE |
12 Jul 2023 | £138,308 | £137,000 | 183 ST ANNES ROAD |
30 Jun 2023 | £171,390 | £170,000 | UNIT 9 ST ANNES INDUSTRIAL ESTATE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Sep 2021. Using an estimated price of £162,552 means this house is valued at £2,500 per sq meter (£232 per sq foot).
The average size of a house on NEW CROFT DRIVE is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near New Croft Drive |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Croft Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Croft Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Croft Drive |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Croft Drive |