£239,653
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 26 Aug 2016 |
| £159,000 | 25 Mar 2010 |
| £82,000 | 18 May 2001 |
| £62,950 | 8 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 758 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £180,000 results in an estimated price of approximately £239,653.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £180,000 | £59,653 | £239,653 |
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 | 27.648 % | £49,766 | £229,766 |
| 3 Month Average | 14.589 % | £26,259 | £206,259 |
| 6 Month Average | 19.050 % | £34,290 | £214,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £288,691 | £285,000 | 43 SUMMERFIELD ROAD |
| 25 Sep 2023 | £398,090 | £393,000 | 22 ONSLOW CRESCENT |
| 5 Jul 2023 | £233,138 | £230,000 | 57 SUMMERFIELD ROAD |
| 27 Jun 2023 | £253,065 | £250,000 | 80 SUMMERFIELD ROAD |
| 14 Apr 2023 | £370,995 | £367,000 | 51 KIMBERLEY ROAD |
This house has a floor area of 70 sq meters or 758 sq feet when measured on 28 Jun 2009. Using an estimated price of £239,653 means this house is valued at £3,401 per sq meter (£315 per sq foot).
The average size of a house on SUMMERFIELD ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Summerfield Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Summerfield Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Summerfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerfield Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Summerfield Road |