£476,338
This estimated value is based upon the latest sale price for the house of £367,500 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £367,500 | 10 Mar 2017 |
| £285,000 | 26 Oct 2007 |
| £265,000 | 6 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £367,500 results in an estimated price of approximately £476,338.
| 10 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £367,500 | £108,838 | £476,338 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 1.461 % | £5,369 | £372,869 |
| 3 Month Average | 29.969 % | £110,136 | £477,636 |
| 6 Month Average | 34.223 % | £125,770 | £493,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £330,899 | £326,000 | 43 COUNTY PARK AVENUE |
| 28 Apr 2023 | £505,442 | £500,000 | 2 WENTWORTH RISE |
| 10 Feb 2023 | £754,492 | £755,000 | 10 LODGE CLOSE |
| 9 Nov 2022 | £128,444 | £130,000 | 40 HAMILTON AVENUE |
| 22 Jul 2022 | £89,240 | £89,000 | 38 HAMILTON AVENUE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 13 Oct 2016. Using an estimated price of £476,339 means this house is valued at £3,476 per sq meter (£323 per sq foot).
The average size of a house on NEWBURY CLOSE is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Newbury Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandals Rise |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandals Rise |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Anti-social behaviour | On or near County Park Avenue |