£365,320
This estimated value is based upon the latest sale price for the house of £338,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£338,000 | 29 Apr 2022 |
£62,500 | 29 Feb 1996 |
Semi-Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 April 2022 the House Price Index for WEST MIDLANDS was 96.5.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 8.083%.Applying this 8.083% change to the original purchase price of £338,000 results in an estimated price of approximately £365,320.
29 Apr 2022 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.5 | 104.3 | 8.083 % | £338,000 | £27,320 | £365,320 |
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 | -75.000 % | £-253,500 | £84,500 |
3 Month Average | 5.308 % | £17,942 | £355,942 |
6 Month Average | 36.803 % | £124,394 | £462,394 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £250,875 | £235,000 | 327 SOMERVILLE ROAD |
20 May 2022 | £171,335 | £160,000 | 225 HEATHER ROAD |
29 Apr 2022 | £365,320 | £338,000 | 278 SOMERVILLE ROAD |
23 Feb 2022 | £181,153 | £165,000 | 246 HEATHER ROAD |
29 Oct 2021 | £173,833 | £150,000 | 143 MONICA ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 19 Dec 2016. Using an estimated price of £365,320 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on SOMERVILLE ROAD is 104 sq meters (1,121 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Vehicle crime | Under investigation | On or near Monica Road |
Apr 2025 | Anti-social behaviour | On or near Monica Road | |
Apr 2025 | Possession of weapons | Under investigation | On or near Monica Road |
Apr 2025 | Other theft | Under investigation | On or near Monica Road |
Mar 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Monica Road |