£348,072
This estimated value is based upon the latest sale price for the house of £199,950 on 27 Jul 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,950 | 27 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,209 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 July 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £199,950 results in an estimated price of approximately £348,072.
| 27 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £199,950 | £148,122 | £348,072 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 68.583 % | £137,131 | £337,081 |
| 3 Month Average | 78.140 % | £156,241 | £356,191 |
| 6 Month Average | 76.963 % | £153,886 | £353,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £330,071 | £325,000 | 23 LILAC WAY |
| 11 Dec 2023 | £256,894 | £249,000 | 99 WOODBURY ROAD |
| 1 Dec 2023 | £273,401 | £265,000 | 30 FULWOOD AVENUE |
| 11 Oct 2023 | £191,346 | £187,000 | 123 WOODBURY ROAD |
| 2 Oct 2023 | £260,926 | £255,000 | 185 SUMMERFIELDS AVENUE |
This house has a floor area of 112 sq meters or 1,209 sq feet when measured on 14 Jun 2010. Using an estimated price of £348,072 means this house is valued at £3,097 per sq meter (£287 per sq foot).
The average size of a house on SUMMERFIELDS AVENUE is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lilac Way | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lilac Way |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodbury Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Weatheroaks |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Farm Road |