£351,704
This estimated value is based upon the latest sale price for the house of £199,999 on 25 Nov 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,999 | 25 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2009 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £199,999 results in an estimated price of approximately £351,704.
| 25 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £199,999 | £151,705 | £351,704 |
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 | 152.607 % | £305,213 | £505,212 |
| 3 Month Average | 77.477 % | £154,952 | £354,951 |
| 6 Month Average | 64.978 % | £129,956 | £329,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £131,139 | £130,000 | 40 SUMMERTON ROAD |
| 30 Oct 2023 | £112,556 | £110,000 | 9 SUMMERTON ROAD |
| 19 Sep 2023 | £9,637 | £9,425 | 11 GOWER CROFT |
| 18 Sep 2023 | £130,374 | £127,500 | 51 SUMMERTON ROAD |
| 2 Jun 2023 | £275,521 | £270,000 | 49 SUMMERTON ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Sep 2019. Using an estimated price of £351,705 means this house is valued at £3,822 per sq meter (£355 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 |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerton Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerton Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Mehdi Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mayfly Close |
| May 2024 | Anti-social behaviour | On or near Mayfly Close |