£243,443
This estimated value is based upon the latest sale price for the house of £195,000 on 4 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 4 Jul 2018 |
| £189,995 | 20 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £195,000 results in an estimated price of approximately £243,443.
| 4 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £195,000 | £48,443 | £243,443 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -30.121 % | £-58,736 | £136,263 |
| 3 Month Average | 17.467 % | £34,060 | £229,060 |
| 6 Month Average | 35.735 % | £69,683 | £264,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £142,571 | £140,000 | 38 NORTHUMBERLAND WAY |
| 24 Jun 2022 | £173,713 | £170,000 | 5 SHROPSHIRE CLOSE |
| 8 Apr 2022 | £186,736 | £180,000 | 75 NORTHUMBERLAND WAY |
| 18 Feb 2022 | £186,993 | £177,000 | 46 NORTHUMBERLAND WAY |
| 26 Nov 2021 | £234,247 | £215,000 | 144 NORTHUMBERLAND WAY |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 15 Jul 2015. Using an estimated price of £243,444 means this house is valued at £2,045 per sq meter (£190 per sq foot).
The average size of a house on NORTHUMBERLAND WAY is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Northumberland Way |
| Jul 2024 | Anti-social behaviour | On or near Northumberland Way | |
| May 2024 | Other crime | Investigation complete; no suspect identified | On or near Northumberland Way |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northumberland Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Way |