£145,006
This estimated value is based upon the latest sale price for the house of £100,000 on 10 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 10 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £100,000 results in an estimated price of approximately £145,006.
| 10 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £100,000 | £45,006 | £145,006 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 84.109 % | £84,109 | £184,109 |
| 3 Month Average | 67.553 % | £67,553 | £167,553 |
| 6 Month Average | 66.201 % | £66,200 | £166,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £319,828 | £310,000 | 49 ESTE ROAD |
| 3 Nov 2023 | £189,818 | £185,000 | 45 THE HAYS KENTS MOAT |
| 9 Jun 2023 | £250,010 | £245,000 | 30 AVERILL ROAD |
| 5 Jun 2023 | £239,806 | £235,000 | 28 HENGHAM ROAD |
| 26 Apr 2023 | £186,488 | £183,000 | 25 ESTE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 Nov 2013. Using an estimated price of £145,006 means this house is valued at £1,768 per sq meter (£164 per sq foot).
The average size of a house on SOMERLAND ROAD is 94 sq meters (1,020 sq feet).
This house is the largest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerland Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Este Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Este Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Averill Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Averill Road |