£156,179
This estimated value is based upon the latest sale price for the house of £121,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,000 | 2 Jun 2017 |
| £36,000 | 22 Mar 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £121,000 results in an estimated price of approximately £156,179.
| 2 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £121,000 | £35,179 | £156,179 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 4.231 % | £5,119 | £126,119 |
| 3 Month Average | 31.993 % | £38,712 | £159,712 |
| 6 Month Average | 44.844 % | £54,261 | £175,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £130,000 | £130,000 | 94 HOUGH ROAD |
| 22 Sep 2023 | £143,156 | £140,000 | 138 HOUGH ROAD |
| 11 Sep 2023 | £215,756 | £211,000 | 7 SOMERS ROAD |
| 6 May 2022 | £143,745 | £140,000 | 5 HUCKER CLOSE |
| 25 Mar 2022 | £187,908 | £180,000 | 11 GOWER STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Feb 2017. Using an estimated price of £156,180 means this house is valued at £1,859 per sq meter (£172 per sq foot).
The average size of a house on SOMERS ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |