£230,019
This estimated value is based upon the latest sale price for the house of £134,000 on 7 Nov 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £134,000 | 7 Nov 2011 |
| £145,950 | 26 May 2006 |
| £80,000 | 25 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 November 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.656%.Applying this 71.656% change to the original purchase price of £134,000 results in an estimated price of approximately £230,019.
| 7 Nov 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.0 | 71.656 % | £134,000 | £96,019 | £230,019 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 58.341 % | £78,176 | £212,176 |
| 3 Month Average | 33.559 % | £44,968 | £178,968 |
| 6 Month Average | 52.991 % | £71,007 | £205,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £232,196 | £230,000 | 57 SUMMERFIELD ROAD |
| 27 Jun 2023 | £252,044 | £250,000 | 80 SUMMERFIELD ROAD |
| 14 Apr 2023 | £369,748 | £367,000 | 51 KIMBERLEY ROAD |
| 24 Mar 2023 | £252,867 | £251,500 | 108 SUMMERFIELD ROAD |
| 4 Nov 2022 | £295,213 | £300,000 | 12 ONSLOW CRESCENT |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Nov 2014. Using an estimated price of £230,020 means this house is valued at £3,770 per sq meter (£350 per sq foot).
The average size of a house on SUMMERFIELD ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Summerfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerfield Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Summerfield Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Summerfield Road |
| Mar 2024 | Drugs | Under investigation | On or near Summerfield Road |