£167,200
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Oct 2021. 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 Monica Road
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| Price Paid | Date |
|---|---|
| £150,000 | 29 Oct 2021 |
| Semi-Detached |
| 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £150,000 results in an estimated price of approximately £167,200.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £150,000 | £17,200 | £167,200 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | 72.654 % | £108,980 | £258,980 |
| 3 Month Average | 66.194 % | £99,290 | £249,290 |
| 6 Month Average | 34.165 % | £51,247 | £201,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £183,306 | £180,000 | 259 HEATHER ROAD |
| 14 Jun 2023 | £102,045 | £100,000 | 300 SOMERVILLE ROAD |
| 3 Mar 2023 | £182,040 | £179,000 | 179 MONICA ROAD |
| 3 Aug 2022 | £175,822 | £175,000 | 328 SOMERVILLE ROAD |
| 20 May 2022 | £164,280 | £160,000 | 225 HEATHER ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 May 2021. Using an estimated price of £167,200 means this house is valued at £2,171 per sq meter (£201 per sq foot).
The average size of a house on MONICA ROAD is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monica Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monica Road |
| Oct 2024 | Burglary | Under investigation | On or near Monica Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monica Road |
| Sep 2024 | Anti-social behaviour | On or near Monica Road |