£216,062
This estimated value is based upon the latest sale price for the house of £127,500 on 10 Aug 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,500 | 10 Aug 2010 |
| £75,000 | 2 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £127,500 results in an estimated price of approximately £216,062.
| 10 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £127,500 | £88,562 | £216,062 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 50.244 % | £64,061 | £191,561 |
| 3 Month Average | 49.805 % | £63,501 | £191,001 |
| 6 Month Average | 73.848 % | £94,156 | £221,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £319,297 | £315,000 | 9 PANDORA ROAD |
| 7 Jul 2023 | £145,965 | £144,000 | 46 PANDORA ROAD |
| 27 Mar 2023 | £201,902 | £200,000 | 524 HENLEY ROAD |
| 15 Mar 2023 | £255,406 | £253,000 | 20 NEWTON CLOSE |
| 8 Mar 2023 | £146,379 | £145,000 | 183 WOODWAY LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Aug 2017. Using an estimated price of £216,063 means this house is valued at £2,700 per sq meter (£250 per sq foot).
The average size of a house on NEWTON CLOSE is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pandora Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Woodway Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Burglary | Under investigation | On or near Supermarket |