£183,183
This estimated value is based upon the latest sale price for the house of £142,000 on 20 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Somerset Road
More crime details
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| Price Paid | Date |
|---|---|
| £142,000 | 20 Jan 2017 |
| £137,000 | 13 Jun 2014 |
| £74,500 | 19 Jul 2002 |
| £35,000 | 18 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £142,000 results in an estimated price of approximately £183,183.
| 20 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £142,000 | £41,183 | £183,183 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 75.772 % | £107,595 | £249,595 |
| 3 Month Average | 59.129 % | £83,963 | £225,963 |
| 6 Month Average | 34.641 % | £49,190 | £191,190 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 10 Mar 2014.
The average size of a house on SOMERSET ROAD is 80 sq meters (869 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerset Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gloucester Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Gloucester Place |
| Mar 2024 | Vehicle crime | Under investigation | On or near Worcester Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Worcester Road |