£308,881
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 28 Nov 2019 |
| £249,995 | 11 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £250,000 results in an estimated price of approximately £308,881.
| 28 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £250,000 | £58,881 | £308,881 |
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 | 124.308 % | £310,769 | £560,769 |
| 3 Month Average | 35.810 % | £89,524 | £339,524 |
| 6 Month Average | 23.802 % | £59,506 | £309,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £131,139 | £130,000 | 40 SUMMERTON ROAD |
| 5 Apr 2024 | £64,056 | £63,500 | 9 MEHDI ROAD |
| 18 Sep 2023 | £130,374 | £127,500 | 51 SUMMERTON ROAD |
| 15 Aug 2023 | £111,002 | £109,000 | 48 MEHDI ROAD |
| 31 Mar 2023 | £102,715 | £101,000 | 55 MEHDI ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 31 Oct 2019. Using an estimated price of £308,881 means this house is valued at £2,617 per sq meter (£243 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 |