£245,774
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 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £225,000 results in an estimated price of approximately £245,774.
| 8 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £225,000 | £20,774 | £245,774 |
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 | 75.614 % | £170,130 | £395,130 |
| 3 Month Average | 19.051 % | £42,864 | £267,864 |
| 6 Month Average | -2.511 % | £-5,650 | £219,349 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Jun 2016.
The average size of a house on NEWENT CLOSE is 63 sq meters (684 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Newent Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Kemble Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lydney Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookthorpe Drive |
| Mar 2024 | Burglary | Under investigation | On or near Brookthorpe Drive |