£201,577
This estimated value is based upon the latest sale price for the house of £70,000 on 28 Jun 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 28 Jun 2002 |
| £47,500 | 18 Feb 2000 |
| £38,000 | 27 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2002 the House Price Index for WEST MIDLANDS was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £70,000 results in an estimated price of approximately £201,577.
| 28 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 149.7 | 187.968 % | £70,000 | £131,577 | £201,577 |
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 | 191.658 % | £134,160 | £204,160 |
| 3 Month Average | 179.291 % | £125,504 | £195,504 |
| 6 Month Average | 214.924 % | £150,446 | £220,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £313,148 | £307,500 | 39 NEWEY ROAD |
| 31 Mar 2023 | £175,430 | £172,500 | 124 HERMITAGE ROAD |
| 15 Mar 2023 | £241,025 | £237,000 | 46 NEWEY ROAD |
| 31 Aug 2022 | £256,198 | £255,000 | 136 ANSTY ROAD |
| 11 Aug 2022 | £242,132 | £241,000 | 64 NEWEY ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 3 Sep 2020. Using an estimated price of £201,577 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on NEWEY ROAD is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Cowley Road | |
| Jun 2024 | Anti-social behaviour | On or near Cowley Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cowley Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4600 |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near A4600 |