£118,116
This estimated value is based upon the latest sale price for the house of £78,000 on 29 Aug 2014. 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 Rushy Piece
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| Price Paid | Date |
|---|---|
| £78,000 | 29 Aug 2014 |
| £65,000 | 14 Dec 2007 |
| £72,950 | 5 Nov 2004 |
| £44,950 | 27 Jun 2003 |
| £31,500 | 9 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £78,000 results in an estimated price of approximately £118,116.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £78,000 | £40,116 | £118,116 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 8.462 % | £6,600 | £84,600 |
| 3 Month Average | 28.742 % | £22,418 | £100,418 |
| 6 Month Average | 46.754 % | £36,468 | £114,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £60,653 | £60,000 | 35 STEVENS AVENUE |
| 24 Feb 2023 | £221,851 | £222,000 | 98 SOMMERFIELD ROAD |
| 2 Feb 2023 | £214,855 | £215,000 | 3 SIMMONS LEASOW |
| 1 Aug 2022 | £189,490 | £190,000 | 69 GRAVEL BANK |
| 19 Apr 2022 | £114,308 | £111,000 | 12 STEVENS AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 27 Feb 2014. Using an estimated price of £118,117 means this house is valued at £1,596 per sq meter (£148 per sq foot).
The average size of a house on SOMMERFIELD ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rushy Piece |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rushy Piece |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushy Piece |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushy Piece |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rushy Piece |