£315,662
This estimated value is based upon the latest sale price for the house of £222,500 on 14 Sep 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Summer Street
More crime details
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Price Paid | Date |
---|---|
£222,500 | 14 Sep 2015 |
£185,000 | 24 Aug 2011 |
Detached |
Freehold |
Floor Area: 90 sq meters or 978 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 September 2015 the House Price Index for WEST MIDLANDS was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £222,500 results in an estimated price of approximately £315,662.
14 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £222,500 | £93,162 | £315,662 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -32.551 % | £-72,425 | £150,074 |
3 Month Average | 24.186 % | £53,814 | £276,314 |
6 Month Average | 32.496 % | £72,303 | £294,803 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £132,315 | £130,000 | 29 MARKET STREET |
1 Sep 2023 | £227,914 | £225,000 | DORLEA PARK STREET |
21 Aug 2023 | £145,271 | £144,000 | 2 THE PARKLANDS PARK STREET |
16 Aug 2023 | £214,880 | £213,000 | 9 SUMMER STREET |
18 Jul 2023 | £258,479 | £255,000 | 74 MARKET STREET |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 22 Feb 2010. Using an estimated price of £315,662 means this house is valued at £3,473 per sq meter (£322 per sq foot).
The average size of a house on PARK STREET is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Summer Street |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Summer Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summer Street |
Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near Summer Street |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Summer Street |