£134,056
This estimated value is based upon the latest sale price for the house of £74,500 on 13 Jul 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £74,500 | 13 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 July 2009 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £74,500 results in an estimated price of approximately £134,056.
| 13 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.942 % | £74,500 | £59,556 | £134,056 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 42.257 % | £31,481 | £105,981 |
| 3 Month Average | 66.205 % | £49,322 | £123,822 |
| 6 Month Average | 70.576 % | £52,578 | £127,078 |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 10 Jan 2017.
The average size of a house on NEW ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Boss Drive |
| Mar 2024 | Burglary | Under investigation | On or near Shaw Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Shaw Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Shaw Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hope Street |