£294,973
This estimated value is based upon the latest sale price for the house of £300,000 on 26 Jan 2023. 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 Somerford Place
More crime details
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| Price Paid | Date |
|---|---|
| £300,000 | 26 Jan 2023 |
| £87,500 | 26 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 January 2023 the House Price Index for WEST MIDLANDS was 149.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.676%.Applying this -1.676% change to the original purchase price of £300,000 results in an estimated price of approximately £294,973.
| 26 Jan 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.2 | 146.7 | -1.676 % | £300,000 | £-5,026 | £294,973 |
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 | 14.439 % | £43,315 | £343,315 |
| 3 Month Average | 3.299 % | £9,896 | £309,896 |
| 6 Month Average | 3.652 % | £10,954 | £310,954 |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 17 Jul 2019.
The average size of a house on SOMERFORD PLACE is 190 sq meters (2,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerford Place |
| Feb 2024 | Possession of weapons | Under investigation | On or near Somerford Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Somerford Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerford Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerford Place |