£191,715
This estimated value is based upon the latest sale price for the house of £113,500 on 27 Oct 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£113,500 | 27 Oct 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 October 2006 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £113,500 results in an estimated price of approximately £191,715.
27 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.912 % | £113,500 | £78,215 | £191,715 |
The Postcode Pricing Model uses changes in average sales price within the B69 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 | 6.425 % | £7,292 | £120,792 |
3 Month Average | 26.119 % | £29,645 | £143,145 |
6 Month Average | 56.287 % | £63,885 | £177,385 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £129,151 | £127,500 | 51 SUMMERTON ROAD |
15 Aug 2023 | £109,962 | £109,000 | 48 MEHDI ROAD |
20 Apr 2023 | £96,034 | £95,000 | 18 SUMMERTON ROAD |
31 Mar 2023 | £101,961 | £101,000 | 55 MEHDI ROAD |
28 Jul 2022 | £265,715 | £265,000 | 70 SUMMERTON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 24 Oct 2012. Using an estimated price of £191,716 means this house is valued at £3,092 per sq meter (£287 per sq foot).
The average size of a house on SUMMERTON ROAD is 60 sq meters (650 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerton Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mehdi Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Gower Croft |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Waterways Drive |
Apr 2024 | Public order | Under investigation | On or near Brades Road |