£153,119
This estimated value is based upon the latest sale price for the house of £48,000 on 11 Dec 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £48,000 | 11 Dec 2001 |
| £45,000 | 9 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 December 2001 the House Price Index for WEST MIDLANDS was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £48,000 results in an estimated price of approximately £153,119.
| 11 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 149.7 | 218.999 % | £48,000 | £105,119 | £153,119 |
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 | 395.621 % | £189,897 | £237,897 |
| 3 Month Average | 321.548 % | £154,342 | £202,342 |
| 6 Month Average | 261.902 % | £125,712 | £173,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £218,000 | £218,000 | 2 SWANAGE ROAD |
| 14 Nov 2023 | £230,860 | £225,000 | 11 SWANAGE ROAD |
| 10 Feb 2023 | £130,874 | £130,000 | 55 SOMERVILLE ROAD |
| 7 Feb 2023 | £141,948 | £141,000 | 95 KENELM ROAD |
| 10 Oct 2022 | £179,401 | £180,000 | 155 SOMERVILLE ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 20 May 2013. Using an estimated price of £153,120 means this house is valued at £1,501 per sq meter (£139 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Swanage Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Swanage Road |
| Oct 2024 | Drugs | Under investigation | On or near Swanage Road |
| Oct 2024 | Public order | Under investigation | On or near Swanage Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swanage Road |