£272,118
This estimated value is based upon the latest sale price for the house of £220,000 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Mehdi Road
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Price Paid | Date |
---|---|
£220,000 | 31 Aug 2018 |
£188,000 | 31 Jan 2014 |
£188,000 | 26 Mar 2010 |
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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £220,000 results in an estimated price of approximately £272,118.
31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £220,000 | £52,118 | £272,118 |
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 | 6.133 % | £13,491 | £233,491 |
3 Month Average | 9.986 % | £21,968 | £241,968 |
6 Month Average | 23.159 % | £50,949 | £270,949 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £129,151 | £127,500 | 51 SUMMERTON ROAD |
15 Aug 2023 | £109,962 | £109,000 | 48 MEHDI ROAD |
20 Apr 2023 | £96,034 | £95,000 | 18 SUMMERTON ROAD |
28 Jul 2022 | £265,715 | £265,000 | 70 SUMMERTON ROAD |
6 May 2022 | £101,920 | £100,000 | 54 MEHDI ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Oct 2013. Using an estimated price of £272,119 means this house is valued at £2,957 per sq meter (£274 per sq foot).
The average size of a house on SUMMERTON ROAD is 60 sq meters (650 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Mehdi 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 |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Embassy Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Embassy Road |