£117,950
This estimated value is based upon the latest sale price for the house of £88,950 on 12 Aug 2016. 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 Norfolk Road
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| Price Paid | Date |
|---|---|
| £88,950 | 12 Aug 2016 |
| £78,000 | 30 Oct 2015 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £88,950 results in an estimated price of approximately £117,950.
| 12 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £88,950 | £29,000 | £117,950 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -52.115 % | £-46,356 | £42,593 |
| 3 Month Average | 23.814 % | £21,182 | £110,132 |
| 6 Month Average | 16.690 % | £14,845 | £103,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £102,834 | £102,000 | 60 NORFOLK ROAD |
| 14 Jun 2023 | £80,654 | £80,000 | 20 NORFOLK ROAD |
| 10 Feb 2023 | £134,364 | £135,000 | 8 NORFOLK ROAD |
| 15 Jul 2022 | £121,835 | £122,000 | 66 BURLEIGH ROAD |
| 31 May 2022 | £116,735 | £115,000 | 54 BURLEIGH ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Jun 2010. Using an estimated price of £117,951 means this house is valued at £1,660 per sq meter (£154 per sq foot).
The average size of a house on NORFOLK ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Norfolk Road |
| Apr 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Road |