£186,375
This estimated value is based upon the latest sale price for the house of £150,000 on 3 Jul 2019. 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 Newark Croft
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| Price Paid | Date |
|---|---|
| £150,000 | 3 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £150,000 results in an estimated price of approximately £186,375.
| 3 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £150,000 | £36,375 | £186,375 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 41.621 % | £62,432 | £212,432 |
| 3 Month Average | 22.002 % | £33,003 | £183,003 |
| 6 Month Average | 25.222 % | £37,833 | £187,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £208,199 | £205,000 | 82 CARNFORD ROAD |
| 8 Mar 2023 | £167,802 | £165,000 | 28 CARNFORD ROAD |
| 29 Apr 2022 | £178,955 | £172,500 | 40 CARNFORD ROAD |
| 4 Feb 2022 | £153,186 | £145,000 | 40 ROMFORD CLOSE |
| 29 Oct 2021 | £178,347 | £160,000 | 236 HORRELL ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 Sep 2014. Using an estimated price of £186,376 means this house is valued at £2,117 per sq meter (£196 per sq foot).
The average size of a house on HORRELL ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Newark Croft |
| Oct 2024 | Burglary | Under investigation | On or near Newark Croft |
| Sep 2024 | Public order | Under investigation | On or near Newark Croft |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Newark Croft |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Newark Croft |