£199,424
This estimated value is based upon the latest sale price for the house of £170,000 on 19 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 |
|---|---|
| £170,000 | 19 Oct 2020 |
| £125,000 | 26 Mar 2015 |
| £124,950 | 12 Feb 2010 |
| £110,000 | 27 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £170,000 results in an estimated price of approximately £199,424.
| 19 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £170,000 | £29,424 | £199,424 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -2.863 % | £-4,867 | £165,132 |
| 3 Month Average | -10.829 % | £-18,409 | £151,590 |
| 6 Month Average | -7.055 % | £-11,994 | £158,005 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £129,517 | £127,600 | 22 SEGUNDO ROAD |
| 16 Aug 2023 | £242,118 | £240,000 | 20 BROCKHURST CRESCENT |
| 28 Jul 2023 | £202,729 | £200,000 | 36 SEGUNDO ROAD |
| 12 Jun 2023 | £117,422 | £116,000 | 11 POMMEL CLOSE |
| 17 Mar 2023 | £217,045 | £215,000 | 77 SEGUNDO ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Jul 2020. Using an estimated price of £199,424 means this house is valued at £2,589 per sq meter (£240 per sq foot).
The average size of a house on SEGUNDO ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martingale Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martingale Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Martingale Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Martingale Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pommel Close |