£211,314
This estimated value is based upon the latest sale price for the house of £114,000 on 23 Jun 2009. 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 |
|---|---|
| £114,000 | 23 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 June 2009 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £114,000 results in an estimated price of approximately £211,314.
| 23 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £114,000 | £97,314 | £211,314 |
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 | 107.154 % | £122,155 | £236,155 |
| 3 Month Average | 82.038 % | £93,523 | £207,523 |
| 6 Month Average | 66.477 % | £75,783 | £189,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2022 | £164,280 | £160,000 | 225 HEATHER ROAD |
| 29 Apr 2022 | £350,649 | £338,000 | 278 SOMERVILLE ROAD |
| 23 Feb 2022 | £174,315 | £165,000 | 246 HEATHER ROAD |
| 29 Oct 2021 | £167,200 | £150,000 | 143 MONICA ROAD |
| 23 Aug 2021 | £191,059 | £170,000 | 83 HEATHER ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 14 Jan 2014. Using an estimated price of £211,315 means this house is valued at £2,113 per sq meter (£196 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Monica Road |
| Oct 2024 | Burglary | Under investigation | On or near Monica Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | 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 |