£361,315
This estimated value is based upon the latest sale price for the house of £209,000 on 31 Oct 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £209,000 | 31 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £209,000 results in an estimated price of approximately £361,315.
| 31 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £209,000 | £152,315 | £361,315 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 15.222 % | £31,813 | £240,813 |
| 3 Month Average | 3.751 % | £7,840 | £216,840 |
| 6 Month Average | 31.521 % | £65,879 | £274,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £371,500 | £365,000 | 6 SUMMER ROAD |
| 29 Sep 2023 | £344,404 | £340,000 | 21 SUMMER ROAD |
| 8 Jul 2022 | £290,783 | £290,000 | 10 SUMMER ROAD |
| 26 Apr 2022 | £478,857 | £465,000 | 48A CHARLOTTE ROAD |
| 17 Sep 2021 | £344,830 | £320,000 | 26 SUMMER ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Aug 2021. Using an estimated price of £361,316 means this house is valued at £5,018 per sq meter (£466 per sq foot).
The average size of a house on WOODVIEW DRIVE is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodview Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodview Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Summer Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Summer Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summer Road |