£325,175
This estimated value is based upon the latest sale price for the house of £210,000 on 18 Jun 2014. 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 Newnham Road
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| Price Paid | Date |
|---|---|
| £210,000 | 18 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 42 sq meters or 452 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £210,000 results in an estimated price of approximately £325,175.
| 18 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £210,000 | £115,175 | £325,175 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 23.880 % | £50,148 | £260,148 |
| 3 Month Average | 32.492 % | £68,234 | £278,234 |
| 6 Month Average | 58.950 % | £123,793 | £333,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £246,574 | £246,574 | 6 MAYLAND ROAD |
| 8 Dec 2023 | £490,059 | £475,000 | 387 GILLOTT ROAD |
| 29 Nov 2023 | £477,111 | £465,000 | 136 STANMORE ROAD |
| 9 Jun 2023 | £328,075 | £321,500 | 18 RAVENSHAW ROAD |
| 25 Mar 2022 | £240,105 | £230,000 | 1 NEWNHAM ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 17 Apr 2019. Using an estimated price of £325,175 means this house is valued at £7,742 per sq meter (£719 per sq foot).
The average size of a house on STANMORE ROAD is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newnham Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Newnham Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Newnham Road |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newnham Road |
| Oct 2024 | Robbery | Under investigation | On or near Stanmore Road |