£180,142
This estimated value is based upon the latest sale price for the house of £48,000 on 23 Jun 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£48,000 | 23 Jun 2000 |
£27,000 | 24 Sep 1999 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,048 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 June 2000 the House Price Index for WEST MIDLANDS was 39.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 275.298%.Applying this 275.298% change to the original purchase price of £48,000 results in an estimated price of approximately £180,142.
23 Jun 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.6 | 148.6 | 275.298 % | £48,000 | £132,142 | £180,142 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 219.009 % | £105,124 | £153,124 |
3 Month Average | 253.245 % | £121,557 | £169,557 |
6 Month Average | 232.866 % | £111,775 | £159,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £223,918 | £220,000 | 90 BROOKDALE |
18 Aug 2023 | £191,677 | £190,000 | 103 SUMMER LANE |
28 Jul 2023 | £153,060 | £151,000 | 38 ABBEY STREET |
19 Jul 2023 | £175,360 | £173,000 | 27 ABBEY STREET |
16 Jun 2023 | £177,095 | £174,950 | 29 ABBEY STREET |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 11 Sep 2010. Using an estimated price of £180,143 means this house is valued at £1,849 per sq meter (£171 per sq foot).
The average size of a house on SUMMER LANE is 92 sq meters (990 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Summer Drive |
Apr 2024 | Other crime | Under investigation | On or near Summer Drive |
Apr 2024 | Other crime | Under investigation | On or near Summer Drive |
Apr 2024 | Other crime | Under investigation | On or near Summer Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summer Drive |