£247,666
This estimated value is based upon the latest sale price for the house of £247,000 on 8 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £247,000 | 8 Jul 2022 |
| £106,000 | 19 Jun 2020 |
| £86,000 | 25 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £247,000 results in an estimated price of approximately £247,666.
| 8 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £247,000 | £666 | £247,666 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -25.621 % | £-63,283 | £183,716 |
| 3 Month Average | -7.724 % | £-19,077 | £227,922 |
| 6 Month Average | -0.029 % | £-72 | £246,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £237,031 | £234,000 | 104 NEWBOLDS ROAD |
| 28 Jul 2023 | £193,606 | £191,000 | 111 CADMAN CRESCENT |
| 5 Jun 2023 | £242,943 | £240,000 | 147 NEWBOLDS ROAD |
| 14 Jul 2022 | £270,729 | £270,000 | 149 NEWBOLDS ROAD |
| 8 Jul 2022 | £247,667 | £247,000 | 80 NEWBOLDS ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Nov 2021. Using an estimated price of £247,667 means this house is valued at £3,135 per sq meter (£291 per sq foot).
The average size of a house on NEWBOLDS ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newbolds Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cadman Crescent |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cadman Crescent |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Cadman Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cadman Crescent |