£181,248
This estimated value is based upon the latest sale price for the house of £146,000 on 8 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £146,000 | 8 Oct 2018 |
| £37,500 | 9 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £146,000 results in an estimated price of approximately £181,248.
| 8 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £146,000 | £35,248 | £181,248 |
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 | 13.791 % | £20,134 | £166,134 |
| 3 Month Average | 32.376 % | £47,269 | £193,269 |
| 6 Month Average | 18.012 % | £26,297 | £172,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £165,000 | £165,000 | 230 SHENSTONE ROAD |
| 11 Oct 2023 | £135,068 | £132,000 | 9 SOUTHFIELD AVENUE |
| 30 Mar 2022 | £167,029 | £160,000 | 73 LAXEY ROAD |
| 10 Dec 2021 | £151,103 | £140,000 | 71 LAXEY ROAD |
| 20 Oct 2020 | £194,992 | £165,000 | 5 SOUTHFIELD AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 5 Feb 2016. Using an estimated price of £181,249 means this house is valued at £1,868 per sq meter (£173 per sq foot).
The average size of a house on LAXEY ROAD is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southfield Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Southfield Avenue |
| Jun 2024 | Vehicle crime | 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 |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southfield Avenue |