£117,292
This estimated value is based upon the latest sale price for the house of £97,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£97,000 | 17 Jul 2020 |
£97,000 | 17 Jul 2020 |
£85,000 | 21 Dec 2016 |
£117,995 | 10 Jan 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 81 sq meters or 871 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 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £97,000 results in an estimated price of approximately £117,292.
17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £97,000 | £20,292 | £117,292 |
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 | -9.795 % | £-9,500 | £87,499 |
3 Month Average | 9.041 % | £8,770 | £105,770 |
6 Month Average | 25.895 % | £25,118 | £122,118 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £129,151 | £127,500 | 51 SUMMERTON ROAD |
2 Jun 2023 | £273,311 | £270,000 | 49 SUMMERTON 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 81 sq meters or 871 sq feet when measured on 12 Oct 2013. Using an estimated price of £117,293 means this house is valued at £1,448 per sq meter (£134 per sq foot).
The average size of a house on SUMMERTON ROAD is 60 sq meters (646 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerton 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 |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mehdi Road |