£171,800
This estimated value is based upon the latest sale price for the house of £100,000 on 18 May 2012. 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 Newark Croft
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| Price Paid | Date |
|---|---|
| £100,000 | 18 May 2012 |
| £37,000 | 8 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 951 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 May 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £100,000 results in an estimated price of approximately £171,800.
| 18 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £100,000 | £71,800 | £171,800 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 115.057 % | £115,056 | £215,056 |
| 3 Month Average | 82.388 % | £82,388 | £182,388 |
| 6 Month Average | 85.845 % | £85,844 | £185,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £208,199 | £205,000 | 82 CARNFORD ROAD |
| 8 Mar 2023 | £167,802 | £165,000 | 28 CARNFORD ROAD |
| 29 Apr 2022 | £178,955 | £172,500 | 40 CARNFORD ROAD |
| 4 Feb 2022 | £153,186 | £145,000 | 40 ROMFORD CLOSE |
| 29 Oct 2021 | £178,347 | £160,000 | 236 HORRELL ROAD |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 25 May 2010. Using an estimated price of £171,800 means this house is valued at £1,943 per sq meter (£180 per sq foot).
The average size of a house on NEWARK CROFT is 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Newark Croft |
| Oct 2024 | Public order | Under investigation | On or near Newark Croft |
| Sep 2024 | Public order | Under investigation | On or near Newark Croft |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Newark Croft |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Newark Croft |