£181,959
This estimated value is based upon the latest sale price for the house of £180,000 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 5 Apr 2023 |
| £110,000 | 8 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £180,000 results in an estimated price of approximately £181,959.
| 5 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £180,000 | £1,959 | £181,959 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | -3.243 % | £-5,837 | £174,162 |
| 3 Month Average | -24.090 % | £-43,362 | £136,637 |
| 6 Month Average | 6.740 % | £12,132 | £192,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £192,855 | £190,000 | 67 KENT ROAD |
| 5 Apr 2023 | £181,959 | £180,000 | 35 SOMERSET CRESCENT |
| 31 Mar 2023 | £186,760 | £185,000 | 101 KENT ROAD |
| 25 Aug 2022 | £164,557 | £165,000 | 48 BERKSHIRE CRESCENT |
| 27 Jul 2022 | £191,516 | £191,000 | 27 SOMERSET CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Mar 2019. Using an estimated price of £181,959 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on SOMERSET CRESCENT is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Crescent |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Road |