£429,213
This estimated value is based upon the latest sale price for the house of £350,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£350,000 | 11 Oct 2019 |
£228,500 | 18 Aug 2011 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £350,000 results in an estimated price of approximately £429,213.
11 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £350,000 | £79,213 | £429,213 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 45.839 % | £160,437 | £510,437 |
3 Month Average | 3.792 % | £13,271 | £363,271 |
6 Month Average | 8.501 % | £29,753 | £379,753 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £229,159 | £227,000 | 145 HIGHWOOD AVENUE |
12 Jan 2023 | £423,007 | £425,000 | 132 SUMMERFIELD ROAD |
23 May 2022 | £219,384 | £215,250 | 134 HIGHWOOD AVENUE |
24 Sep 2021 | £375,002 | £348,000 | 29 KIMBERLEY ROAD |
18 Jun 2021 | £256,429 | £239,000 | 89 HIGHWOOD AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 22 Jul 2019. Using an estimated price of £429,213 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on KIMBERLEY ROAD is 100 sq meters (1,082 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Summerfield Road |
Mar 2024 | Drugs | Under investigation | On or near Summerfield Road |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Summerfield Road |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Summerfield Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerfield Road |