£190,081
This estimated value is based upon the latest sale price for the house of £114,950 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,950 | 30 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2013 the House Price Index for WEST MIDLANDS was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £114,950 results in an estimated price of approximately £190,081.
| 30 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £114,950 | £75,131 | £190,081 |
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 | 6.490 % | £7,460 | £122,410 |
| 3 Month Average | 47.500 % | £54,601 | £169,551 |
| 6 Month Average | 57.138 % | £65,680 | £180,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £135,506 | £133,500 | 33 SALCOMBE GROVE |
| 13 Sep 2023 | £167,137 | £165,000 | 84 SUMMERHILL ROAD |
| 13 Apr 2023 | £290,756 | £287,625 | 1 HIGHLAND MEWS |
| 1 Jul 2022 | £225,607 | £225,000 | 67 SUMMERHILL ROAD |
| 14 Apr 2022 | £218,832 | £212,500 | 2 HIGHLAND MEWS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Apr 2013. Using an estimated price of £190,081 means this house is valued at £2,436 per sq meter (£226 per sq foot).
The average size of a house on SUMMERHILL ROAD is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norton Crescent |
| Mar 2024 | Anti-social behaviour | On or near Norton Crescent | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summer Hill Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Summer Hill Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summer Hill Road |