£144,227
This estimated value is based upon the latest sale price for the house of £74,950 on 8 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £74,950 | 8 Jul 2004 |
| £32,125 | 15 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 92.432%.Applying this 92.432% change to the original purchase price of £74,950 results in an estimated price of approximately £144,227.
| 8 Jul 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 146.7 | 92.432 % | £74,950 | £69,277 | £144,227 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 495.828 % | £371,623 | £446,573 |
| 3 Month Average | 87.144 % | £65,314 | £140,264 |
| 6 Month Average | 74.660 % | £55,957 | £130,907 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Jul 2014.
The average size of a house on SOMERSET ROAD is 70 sq meters (754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Widdrington Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Widdrington Road |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Widdrington Road |
| Feb 2024 | Bicycle theft | Unable to prosecute suspect | On or near Widdrington Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Widdrington Road |