£848,465
This estimated value is based upon the latest sale price for the house of £552,000 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £552,000 | 6 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £552,000 results in an estimated price of approximately £848,465.
| 6 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £552,000 | £296,465 | £848,465 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -6.141 % | £-33,900 | £518,099 |
| 3 Month Average | 46.610 % | £257,285 | £809,285 |
| 6 Month Average | 48.764 % | £269,179 | £821,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £904,742 | £895,000 | 66 SOMERVILLE ROAD |
| 29 Sep 2021 | £233,299 | £216,500 | 16 BUCKINGHAM MEWS |
| 14 Jun 2021 | £822,933 | £767,000 | 61 SOMERVILLE ROAD |
| 9 Dec 2020 | £479,170 | £417,500 | 38 ASHDENE CLOSE |
| 28 Aug 2020 | £212,235 | £177,000 | 21 BUCKINGHAM MEWS |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 11 Mar 2013. Using an estimated price of £848,465 means this house is valued at £4,820 per sq meter (£447 per sq foot).
The average size of a house on SOMERVILLE ROAD is 228 sq meters (2,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Mews |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Mews |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Buckingham Mews |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Mews |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckingham Mews |