£146,857
This estimated value is based upon the latest sale price for the house of £85,000 on 6 Feb 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 Farcroft Grove
More crime details
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| Price Paid | Date |
|---|---|
| £85,000 | 6 Feb 2012 |
| £40,000 | 1 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £85,000 results in an estimated price of approximately £146,857.
| 6 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.774 % | £85,000 | £61,857 | £146,857 |
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 | 66.128 % | £56,208 | £141,208 |
| 3 Month Average | 101.658 % | £86,409 | £171,409 |
| 6 Month Average | 105.950 % | £90,057 | £175,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £180,000 | £180,000 | 191 NEWCOMBE ROAD |
| 22 Mar 2024 | £182,809 | £180,000 | 140 NEWCOMBE ROAD |
| 15 Dec 2023 | £170,231 | £165,000 | 189 NEWCOMBE ROAD |
| 8 Dec 2023 | £185,706 | £180,000 | 33 FARCROFT ROAD |
| 4 Feb 2022 | £169,033 | £160,000 | 102 NEWCOMBE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 20 Jan 2012. Using an estimated price of £146,858 means this house is valued at £2,011 per sq meter (£186 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Farcroft Grove |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farcroft Grove |
| Oct 2024 | Public order | Under investigation | On or near Farcroft Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farcroft Grove |
| Sep 2024 | Burglary | Unable to prosecute suspect | On or near Farcroft Grove |