£145,886
This estimated value is based upon the latest sale price for the house of £143,500 on 13 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,500 | 13 Apr 2022 |
| £72,000 | 17 Sep 2014 |
| £36,000 | 10 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 1.663%.Applying this 1.663% change to the original purchase price of £143,500 results in an estimated price of approximately £145,886.
| 13 Apr 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 146.7 | 1.663 % | £143,500 | £2,386 | £145,886 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -23.152 % | £-33,223 | £110,276 |
| 3 Month Average | 4.680 % | £6,715 | £150,215 |
| 6 Month Average | 3.756 % | £5,389 | £148,889 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Jun 2014.
The average size of a house on BIRMINGHAM NEW ROAD is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Evergreen Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Evergreen Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayward Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hayward Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Hayward Street |