£124,012
This estimated value is based upon the latest sale price for the house of £93,000 on 1 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,000 | 1 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,056 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 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £93,000 results in an estimated price of approximately £124,012.
| 1 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £93,000 | £31,012 | £124,012 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 65.089 % | £60,532 | £153,532 |
| 3 Month Average | 51.140 % | £47,560 | £140,560 |
| 6 Month Average | 46.576 % | £43,315 | £136,315 |
This house has a floor area of 191 sq meters or 2,056 sq feet when measured on 3 Jul 2011.
The average size of a house on NEWICK STREET is 102 sq meters (1,100 sq feet).
This house is the largest in the street with a floor area of 191 sq meters (2,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newick Street |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Newick Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Terrace |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Terrace |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Birch Terrace |