£130,874
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 10 Feb 2023 |
| £77,000 | 25 Mar 2014 |
| £35,000 | 5 Jan 2001 |
| £24,000 | 31 Aug 2000 |
| £27,000 | 5 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £130,000 results in an estimated price of approximately £130,874.
| 10 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £130,000 | £874 | £130,874 |
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 | 41.138 % | £53,479 | £183,479 |
| 3 Month Average | 20.932 % | £27,211 | £157,211 |
| 6 Month Average | 2.409 % | £3,131 | £133,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £280,000 | £280,000 | 59 CHARLES ROAD |
| 15 May 2024 | £218,000 | £218,000 | 2 SWANAGE ROAD |
| 14 Nov 2023 | £230,860 | £225,000 | 11 SWANAGE ROAD |
| 25 Aug 2023 | £249,500 | £245,000 | 5 SWANAGE ROAD |
| 10 Feb 2023 | £130,874 | £130,000 | 55 SOMERVILLE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Feb 2014. Using an estimated price of £130,874 means this house is valued at £1,843 per sq meter (£171 per sq foot).
The average size of a house on SOMERVILLE ROAD is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swanage Road |
| Oct 2024 | Public order | Under investigation | On or near Swanage Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swanage Road |
| Oct 2024 | Drugs | Under investigation | On or near Swanage Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Swanage Road |