£373,275
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Mar 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 Newfield Lane
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| Price Paid | Date |
|---|---|
| £240,000 | 14 Mar 2008 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 2008 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.531%.Applying this 55.531% change to the original purchase price of £240,000 results in an estimated price of approximately £373,275.
| 14 Mar 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.531 % | £240,000 | £133,275 | £373,275 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 42.840 % | £102,817 | £342,817 |
| 3 Month Average | 20.827 % | £49,985 | £289,985 |
| 6 Month Average | 38.029 % | £91,269 | £331,269 |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 27 Nov 2019.
The average size of a house on NEWFIELD CRESCENT is 112 sq meters (1,207 sq feet).
This house is the largest in the street with a floor area of 187 sq meters (2,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Newfield Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |