£181,718
This estimated value is based upon the latest sale price for the house of £180,000 on 27 Jul 2023. 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 New Croft Drive
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Price Paid | Date |
---|---|
£180,000 | 27 Jul 2023 |
£133,000 | 19 Apr 2017 |
£129,995 | 25 Jan 2016 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £180,000 results in an estimated price of approximately £181,718.
27 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.0 | 0.955 % | £180,000 | £1,718 | £181,718 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 15.297 % | £27,533 | £207,533 |
3 Month Average | 2.031 % | £3,656 | £183,656 |
6 Month Average | -0.757 % | £-1,363 | £178,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £172,081 | £171,500 | 158 ST ANNES ROAD |
8 Mar 2024 | £265,898 | £265,000 | 19 NEW CROFT DRIVE |
27 Jul 2023 | £181,719 | £180,000 | 8 NEW CROFT DRIVE |
12 Jul 2023 | £138,308 | £137,000 | 183 ST ANNES ROAD |
30 Jun 2023 | £171,390 | £170,000 | UNIT 9 ST ANNES INDUSTRIAL ESTATE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Feb 2017. Using an estimated price of £181,719 means this house is valued at £2,884 per sq meter (£267 per sq foot).
The average size of a house on NEW CROFT DRIVE is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near New Croft Drive |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Croft Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Croft Drive |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Croft Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Croft Drive |