£192,575
This estimated value is based upon the latest sale price for the house of £122,000 on 28 Feb 2008. 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 Hope Road
More crime details
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| Price Paid | Date |
|---|---|
| £122,000 | 28 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £122,000 results in an estimated price of approximately £192,575.
| 28 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £122,000 | £70,575 | £192,575 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 15.959 % | £19,469 | £141,469 |
| 3 Month Average | 15.310 % | £18,677 | £140,677 |
| 6 Month Average | 27.390 % | £33,416 | £155,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £210,000 | £210,000 | 7 NEW HOPE ROAD |
| 5 Oct 2023 | £214,880 | £210,000 | 5 NEW HOPE ROAD |
| 15 Mar 2023 | £183,057 | £180,000 | 122 RAGLAN ROAD |
| 19 Aug 2022 | £185,869 | £185,000 | 173 CAPE HILL |
| 25 Nov 2021 | £136,190 | £125,000 | 21 WILLIAM SAVAGE WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Apr 2016. Using an estimated price of £192,576 means this house is valued at £1,766 per sq meter (£164 per sq foot).
The average size of a house on RAGLAN ROAD is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near New Hope Road |
| Sep 2024 | Robbery | Under investigation | On or near New Hope Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near New Hope Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Hope Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Hope Road |