£292,098
This estimated value is based upon the latest sale price for the house of £78,950 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £78,950 | 15 Sep 2000 |
| £59,995 | 7 Aug 1998 |
| Semi-Detached |
| Freehold |
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 2000 the House Price Index for WEST MIDLANDS was 40.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 269.980%.Applying this 269.980% change to the original purchase price of £78,950 results in an estimated price of approximately £292,098.
| 15 Sep 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 149.7 | 269.980 % | £78,950 | £213,148 | £292,098 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 264.150 % | £208,546 | £287,496 |
| 3 Month Average | 280.954 % | £221,812 | £300,762 |
| 6 Month Average | 244.721 % | £193,207 | £272,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £135,068 | £132,000 | 9 SOUTHFIELD AVENUE |
| 15 Mar 2022 | £246,544 | £236,168 | 11 WICKET DRIVE |
| 10 Dec 2021 | £151,103 | £140,000 | 71 LAXEY ROAD |
| 25 Jun 2021 | £492,875 | £456,000 | 7 WICKET DRIVE |
| 18 Jun 2021 | £222,658 | £206,000 | 11 GATE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Southfield Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southfield Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southfield Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southfield Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Southfield Avenue |