£425,647
This estimated value is based upon the latest sale price for the house of £430,000 on 22 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Norman Road
More crime details
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| Price Paid | Date |
|---|---|
| £430,000 | 22 Jul 2022 |
| £242,500 | 27 Jun 2008 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £430,000 results in an estimated price of approximately £425,647.
| 22 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £430,000 | £-4,352 | £425,647 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -42.013 % | £-180,656 | £249,343 |
| 3 Month Average | -19.877 % | £-85,472 | £344,527 |
| 6 Month Average | -5.895 % | £-25,348 | £404,651 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 19 Oct 2021.
The average size of a house on NORMAN ROAD is 125 sq meters (1,348 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Norman Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Norman Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Truro Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Truro Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martin Road |