£245,216
This estimated value is based upon the latest sale price for the house of £207,500 on 29 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£207,500 | 29 Oct 2020 |
Terraced |
Freehold |
Floor Area: 152 sq meters or 1,636 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 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £207,500 results in an estimated price of approximately £245,216.
29 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £207,500 | £37,716 | £245,216 |
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 | 45.059 % | £93,497 | £300,997 |
3 Month Average | 31.145 % | £64,626 | £272,126 |
6 Month Average | 5.586 % | £11,591 | £219,091 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Apr 2024 | £221,927 | £220,000 | 106 KENELM ROAD |
22 Sep 2023 | £278,131 | £272,000 | 143 SOMERVILLE ROAD |
13 Jun 2023 | £275,521 | £270,000 | 72 DORA ROAD |
6 Sep 2022 | £299,800 | £300,000 | 59 DORA ROAD |
8 Aug 2022 | £200,940 | £200,000 | 133 SOMERVILLE ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 21 Nov 2019. Using an estimated price of £245,217 means this house is valued at £1,613 per sq meter (£149 per sq foot).
The average size of a house on SOMERVILLE ROAD is 104 sq meters (1,121 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Kenelm Road |
Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kenelm Road |
Oct 2024 | Other crime | Under investigation | On or near Kenelm Road |
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kenelm Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kenelm Road |