£219,452
This estimated value is based upon the latest sale price for the house of £138,500 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,500 | 20 Dec 2013 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2013 the House Price Index for WEST MIDLANDS was 92.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 58.450%.Applying this 58.450% change to the original purchase price of £138,500 results in an estimated price of approximately £219,452.
| 20 Dec 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 146.7 | 58.450 % | £138,500 | £80,952 | £219,452 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 30.638 % | £42,434 | £180,934 |
| 3 Month Average | 71.035 % | £98,383 | £236,883 |
| 6 Month Average | 59.026 % | £81,751 | £220,251 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Oct 2013.
There is one other house on the street which we know the size of, this is 24 HEWELL CLOSE it is 96.08
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hewell Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hewell Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Somerset Drive |
| Feb 2024 | Anti-social behaviour | On or near Somerset Drive | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Somerset Drive |