£279,711
This estimated value is based upon the latest sale price for the house of £164,995 on 15 Sep 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,995 | 15 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 816 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 September 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £164,995 results in an estimated price of approximately £279,711.
| 15 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £164,995 | £114,716 | £279,711 |
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 | 23.560 % | £38,872 | £203,867 |
| 3 Month Average | 39.035 % | £64,405 | £229,400 |
| 6 Month Average | 67.202 % | £110,880 | £275,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £9,547 | £9,425 | 11 GOWER CROFT |
| 20 Jul 2023 | £224,015 | £221,000 | 12 GOWER CROFT |
| 2 Jun 2023 | £273,311 | £270,000 | 49 SUMMERTON ROAD |
| 20 Apr 2023 | £96,034 | £95,000 | 18 SUMMERTON ROAD |
| 28 Jul 2022 | £265,715 | £265,000 | 70 SUMMERTON ROAD |
This house has a floor area of 75 sq meters or 816 sq feet when measured on 14 Jul 2010. Using an estimated price of £279,711 means this house is valued at £3,689 per sq meter (£342 per sq foot).
The average size of a house on GEORGE WOOD AVENUE is 94 sq meters (1,014 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfly Close |
| Mar 2024 | Anti-social behaviour | On or near Mayfly Close | |
| Mar 2024 | Anti-social behaviour | On or near Mayfly Close |