£63,199
This estimated value is based upon the latest sale price for the house of £45,500 on 8 Oct 2015. 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 Spring Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £45,500 | 8 Oct 2015 |
| £32,000 | 11 Jan 2007 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £45,500 results in an estimated price of approximately £63,199.
| 8 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 146.7 | 38.900 % | £45,500 | £17,699 | £63,199 |
The Postcode Pricing Model uses changes in average sales price within the B18 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 | 79.346 % | £36,102 | £81,602 |
| 3 Month Average | 6.413 % | £2,917 | £48,417 |
| 6 Month Average | 18.214 % | £8,287 | £53,787 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 4 Jul 2018.
There is one other house on the street which we know the size of, this is 16 NEW SPRING GARDENS it is 56.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near New Spring Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Spring Gardens |
| Dec 2023 | Burglary | Under investigation | On or near New Spring Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Spring Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ellen Street |