£252,999
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 8 Oct 2021 |
| £165,000 | 22 Aug 2017 |
| £95,000 | 20 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2021 the House Price Index for WEST MIDLANDS was 90.0.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 12.444%.Applying this 12.444% change to the original purchase price of £225,000 results in an estimated price of approximately £252,999.
| 8 Oct 2021 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.0 | 101.2 | 12.444 % | £225,000 | £27,999 | £252,999 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 12.566 % | £28,272 | £253,272 |
| 3 Month Average | 3.718 % | £8,364 | £233,364 |
| 6 Month Average | 4.631 % | £10,420 | £235,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £10,370 | £9,950 | 48 OVERDALE DRIVE |
| 26 Jun 2023 | £303,086 | £295,000 | 3 REDSAND CLOSE |
| 31 Oct 2022 | £140,975 | £140,000 | 4 LYDNEY CLOSE |
| 9 Aug 2022 | £223,534 | £220,000 | 406 STROUD AVENUE |
| 30 Jun 2022 | £157,480 | £152,500 | 7 OVERDALE DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Jun 2016. Using an estimated price of £253,000 means this house is valued at £4,015 per sq meter (£373 per sq foot).
The average size of a house on NEWENT CLOSE is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Other theft | Unable to prosecute suspect | On or near Newent Close |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kemble Close |
| Dec 2024 | Other crime | Investigation complete; no suspect identified | On or near Lydney Close |
| Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dursley Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Dursley Close |