£148,514
This estimated value is based upon the latest sale price for the house of £93,000 on 11 May 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,000 | 11 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £93,000 results in an estimated price of approximately £148,514.
| 11 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £93,000 | £55,514 | £148,514 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 72.983 % | £67,874 | £160,874 |
| 3 Month Average | 57.757 % | £53,714 | £146,714 |
| 6 Month Average | 51.666 % | £48,049 | £141,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £297,604 | £295,000 | 17 SOMERFORD PLACE |
| 26 Jan 2023 | £298,593 | £300,000 | 14 SOMERFORD PLACE |
| 25 Nov 2022 | £1,039,410 | £1,052,000 | EAGLE WORKS SOMERFORD PLACE |
| 25 Nov 2022 | £117,181 | £118,600 | SHAKESPEARE INN SOMERFORD PLACE |
| 15 Nov 2022 | £158,085 | £160,000 | 8 ST STEPHENS AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Aug 2016. Using an estimated price of £148,514 means this house is valued at £1,928 per sq meter (£179 per sq foot).
The average size of a house on PINSON ROAD is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Pinson Gardens |
| Mar 2024 | Anti-social behaviour | On or near Pinson Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Pinson Gardens | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinson Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Stephen'S Avenue |