£509,974
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Nov 2009. 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 Newhouse Croft
More crime details
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Nov 2009 |
| Detached |
| Freehold |
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 November 2009 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £290,000 results in an estimated price of approximately £509,974.
| 20 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £290,000 | £219,974 | £509,974 |
The Postcode Pricing Model uses changes in average sales price within the CV7 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 | 50.605 % | £146,754 | £436,754 |
| 3 Month Average | 50.235 % | £145,680 | £435,680 |
| 6 Month Average | 57.283 % | £166,119 | £456,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Sep 2024 | £480,000 | £480,000 | 6 DRYBROOKS CLOSE |
| 22 Mar 2024 | £431,632 | £425,000 | 7 SEAR HILLS CLOSE |
| 27 Nov 2023 | £436,069 | £425,000 | 17 DRYBROOKS CLOSE |
| 22 Sep 2023 | £465,256 | £455,000 | 19 CEDARWOOD DRIVE |
| 29 Aug 2023 | £555,010 | £545,000 | 2 CEDARWOOD DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Newhouse Croft |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Foxes Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Elmwood Close |
| Oct 2024 | Shoplifting | Under investigation | On or near Petrol Station |