£217,462
This estimated value is based upon the latest sale price for the house of £126,000 on 8 Apr 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,000 | 8 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 687 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 2011 the House Price Index for WEST MIDLANDS was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £126,000 results in an estimated price of approximately £217,462.
| 8 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £126,000 | £91,462 | £217,462 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 98.275 % | £123,826 | £249,826 |
| 3 Month Average | 87.426 % | £110,157 | £236,157 |
| 6 Month Average | 84.000 % | £105,840 | £231,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2024 | £190,000 | £190,000 | 12 MITCHELL AVENUE |
| 15 Dec 2023 | £259,989 | £252,000 | 6 FLOWERDALE CLOSE |
| 10 Nov 2023 | £141,081 | £137,500 | 22 PICKRELL ROAD |
| 13 Oct 2023 | £260,926 | £255,000 | 7 FLOWERDALE CLOSE |
| 27 Jan 2023 | £250,670 | £250,000 | 9 CROWESBRIDGE MEWS |
This house has a floor area of 63 sq meters or 687 sq feet when measured on 26 Apr 2010. Using an estimated price of £217,462 means this house is valued at £3,403 per sq meter (£316 per sq foot).
The average size of a house on SOMERFORD WAY is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Somerford Way | |
| Jul 2024 | Anti-social behaviour | On or near Somerford Way | |
| Jul 2024 | Anti-social behaviour | On or near Somerford Way | |
| Jul 2024 | Anti-social behaviour | On or near Somerford Way | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Flowerdale Close |