£143,060
This estimated value is based upon the latest sale price for the house of £115,000 on 6 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£115,000 | 6 Sep 2018 |
£84,950 | 14 Jul 2004 |
£21,000 | 8 Mar 1996 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 745 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £115,000 results in an estimated price of approximately £143,060.
6 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £115,000 | £28,060 | £143,060 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 7.775 % | £8,941 | £123,941 |
3 Month Average | 19.706 % | £22,662 | £137,662 |
6 Month Average | 39.064 % | £44,923 | £159,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £182,809 | £180,000 | 140 NEWCOMBE ROAD |
25 Aug 2023 | £152,755 | £150,000 | 136 UPLANDS ROAD |
28 Sep 2022 | £212,358 | £212,500 | 27 FARCROFT GROVE |
4 Feb 2022 | £169,033 | £160,000 | 102 NEWCOMBE ROAD |
19 Aug 2021 | £162,962 | £145,000 | 156 UPLANDS ROAD |
This house has a floor area of 69 sq meters or 745 sq feet when measured on 10 Jan 2009. Using an estimated price of £143,061 means this house is valued at £2,066 per sq meter (£191 per sq foot).
The average size of a house on NEWCOMBE ROAD is 81 sq meters (879 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newcombe Road |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newcombe Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newcombe Road |