£238,922
This estimated value is based upon the latest sale price for the house of £194,500 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £194,500 | 26 Jul 2019 |
| £76,000 | 21 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £194,500 results in an estimated price of approximately £238,922.
| 26 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £194,500 | £44,422 | £238,922 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 7.687 % | £14,950 | £209,450 |
| 3 Month Average | 2.193 % | £4,266 | £198,766 |
| 6 Month Average | 13.103 % | £25,486 | £219,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £309,381 | £307,500 | 39 NEWEY ROAD |
| 31 Mar 2023 | £173,437 | £172,500 | 124 HERMITAGE ROAD |
| 15 Mar 2023 | £238,288 | £237,000 | 46 NEWEY ROAD |
| 31 Aug 2022 | £253,289 | £255,000 | 136 ANSTY ROAD |
| 11 Aug 2022 | £239,383 | £241,000 | 64 NEWEY ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 May 2019. Using an estimated price of £238,923 means this house is valued at £2,810 per sq meter (£261 per sq foot).
The average size of a house on NEWEY ROAD is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newey Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newey Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowley Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cowley Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowley Road |