£101,785
This estimated value is based upon the latest sale price for the house of £71,000 on 28 Jul 2015. 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 Norfolk Road
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| Price Paid | Date |
|---|---|
| £71,000 | 28 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 598 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 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £71,000 results in an estimated price of approximately £101,785.
| 28 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £71,000 | £30,785 | £101,785 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -52.414 % | £-37,214 | £33,785 |
| 3 Month Average | 12.398 % | £8,802 | £79,802 |
| 6 Month Average | 10.174 % | £7,223 | £78,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £24,667 | £24,200 | 89 BURLEIGH ROAD |
| 14 Jun 2023 | £102,834 | £102,000 | 60 NORFOLK ROAD |
| 27 Jan 2023 | £132,833 | £134,000 | 19 BURLEIGH ROAD |
| 13 Jan 2023 | £81,782 | £82,500 | 45 BINGLEY STREET |
| 12 Aug 2022 | £99,329 | £100,000 | 119 BURLEIGH ROAD |
This house has a floor area of 55 sq meters or 598 sq feet when measured on 11 Nov 2008. Using an estimated price of £101,785 means this house is valued at £1,830 per sq meter (£170 per sq foot).
The average size of a house on NORFOLK ROAD is 91 sq meters (981 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (598 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Norfolk Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Road |
| Apr 2024 | Anti-social behaviour | On or near Norfolk Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Road |