£217,014
This estimated value is based upon the latest sale price for the house of £138,000 on 7 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,000 | 7 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 September 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £138,000 results in an estimated price of approximately £217,014.
| 7 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £138,000 | £79,014 | £217,014 |
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 | 86.732 % | £119,690 | £257,690 |
| 3 Month Average | 68.374 % | £94,356 | £232,356 |
| 6 Month Average | 41.792 % | £57,672 | £195,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £151,314 | £150,000 | 185 ST BENEDICTS ROAD |
| 7 Oct 2022 | £169,434 | £170,000 | 140 HEATHER ROAD |
| 18 Oct 2021 | £133,760 | £120,000 | 335 SOMERVILLE ROAD |
| 23 Aug 2021 | £191,059 | £170,000 | 83 HEATHER ROAD |
| 2 Dec 2020 | £95,272 | £82,400 | 135 ST BENEDICTS ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 11 Jun 2014. Using an estimated price of £217,015 means this house is valued at £2,192 per sq meter (£203 per sq foot).
The average size of a house on SOMERVILLE ROAD is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heather Road |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Heather Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heather Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heather Road |