£199,279
This estimated value is based upon the latest sale price for the house of £119,500 on 20 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£119,500 | 20 Dec 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 672 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £119,500 results in an estimated price of approximately £199,279.
20 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 149.7 | 66.761 % | £119,500 | £79,779 | £199,279 |
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 | 134.401 % | £160,609 | £280,109 |
3 Month Average | 60.561 % | £72,370 | £191,870 |
6 Month Average | 45.190 % | £54,002 | £173,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £64,056 | £63,500 | 9 MEHDI ROAD |
15 Aug 2023 | £111,002 | £109,000 | 48 MEHDI ROAD |
31 Mar 2023 | £102,715 | £101,000 | 55 MEHDI ROAD |
28 Jul 2022 | £267,682 | £265,000 | 70 SUMMERTON ROAD |
6 May 2022 | £102,675 | £100,000 | 54 MEHDI ROAD |
This house has a floor area of 62 sq meters or 672 sq feet when measured on 27 May 2011. Using an estimated price of £199,279 means this house is valued at £3,188 per sq meter (£296 per sq foot).
The average size of a house on MEHDI ROAD is 77 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Mehdi Road |
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 | Possession of weapons | Unable to prosecute suspect | On or near Mehdi Road |
Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Mehdi Road |