£154,458
This estimated value is based upon the latest sale price for the house of £64,000 on 9 Apr 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£64,000 | 9 Apr 2003 |
£52,250 | 15 Aug 2002 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 April 2003 the House Price Index for WEST MIDLANDS was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £64,000 results in an estimated price of approximately £154,458.
9 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 149.7 | 141.341 % | £64,000 | £90,458 | £154,458 |
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 | 128.357 % | £82,148 | £146,148 |
3 Month Average | 177.773 % | £113,774 | £177,774 |
6 Month Average | 205.437 % | £131,479 | £195,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £130,885 | £128,000 | 78 FARNHAM ROAD |
8 Feb 2023 | £130,874 | £130,000 | 141 FARNHAM ROAD |
10 May 2022 | £151,445 | £147,500 | 72 UPLANDS ROAD |
25 Feb 2022 | £132,057 | £125,000 | 129 FARNHAM ROAD |
17 Dec 2021 | £161,896 | £150,000 | 43 AYLESFORD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Oct 2012. Using an estimated price of £154,458 means this house is valued at £2,145 per sq meter (£199 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 | Unable to prosecute suspect | On or near Newcombe Road |
Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Newcombe Road |
Sep 2024 | Other theft | 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 |