£405,442
This estimated value is based upon the latest sale price for the house of £208,000 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near The Summit
More crime details
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| Price Paid | Date |
|---|---|
| £208,000 | 23 Jul 2004 |
| £124,999 | 28 Feb 2003 |
| Detached |
| Freehold |
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 July 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £208,000 results in an estimated price of approximately £405,442.
| 23 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.6 | 94.924 % | £208,000 | £197,442 | £405,442 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 41.786 % | £86,914 | £294,914 |
| 3 Month Average | 51.289 % | £106,680 | £314,680 |
| 6 Month Average | 72.320 % | £150,425 | £358,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £233,138 | £230,000 | 45 CROFTWOOD ROAD |
| 7 Jul 2023 | £309,161 | £305,000 | 8 THE SUMMIT |
| 23 Mar 2023 | £222,092 | £220,000 | 18 TEASDALE WAY |
| 3 Feb 2023 | £374,748 | £375,000 | 21 LANGDALE WAY |
| 28 Jul 2022 | £300,810 | £300,000 | 61 CROFTWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near The Summit |
| Mar 2024 | Burglary | Under investigation | On or near The Summit |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Summit |
| Jan 2024 | Anti-social behaviour | On or near The Summit | |
| Jan 2024 | Anti-social behaviour | On or near The Summit |