£175,139
This estimated value is based upon the latest sale price for the house of £142,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,000 | 12 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £142,000 results in an estimated price of approximately £175,139.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £142,000 | £33,139 | £175,139 |
The Postcode Pricing Model uses changes in average sales price within the DY2 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 | 19.720 % | £28,002 | £170,002 |
| 3 Month Average | 22.439 % | £31,863 | £173,863 |
| 6 Month Average | 32.224 % | £45,758 | £187,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £168,474 | £167,000 | 8A BUFFERY ROAD |
| 3 Jul 2023 | £202,729 | £200,000 | 6 SUMMERFIELD ROAD |
| 9 Sep 2022 | £188,478 | £190,000 | 15 FAIRFIELD ROAD |
| 17 May 2022 | £222,187 | £218,000 | 23 SELBORNE ROAD |
| 22 Apr 2022 | £108,129 | £105,000 | 4B SUMMERFIELD ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Mar 2019. Using an estimated price of £175,139 means this house is valued at £2,216 per sq meter (£205 per sq foot).
The average size of a house on SUMMERFIELD ROAD is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fairfield Road |