£158,327
This estimated value is based upon the latest sale price for the house of £50,000 on 5 Dec 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 5 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 December 2001 the House Price Index for WEST MIDLANDS was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £50,000 results in an estimated price of approximately £158,327.
| 5 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £50,000 | £108,327 | £158,327 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | 167.634 % | £83,816 | £133,816 |
| 3 Month Average | 43.013 % | £21,506 | £71,506 |
| 6 Month Average | 74.972 % | £37,485 | £87,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2023 | £302,796 | £303,000 | 98 SOUTHACRE AVENUE |
| 25 Oct 2019 | £104,237 | £85,000 | FLAT 1 HIGHGATE HOUSE SOUTHACRE AVENUE |
| 26 Jun 2019 | £197,678 | £160,000 | APARTMENT A101 MADISON HOUSE, 94 WRENTHAM STREET |
| 26 Jun 2019 | £185,323 | £150,000 | APARTMENT A4 MADISON HOUSE, 94 WRENTHAM STREET |
| 17 Apr 2019 | £216,357 | £174,950 | APARTMENT A307 MADISON HOUSE, 94 WRENTHAM STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 11 May 2012. Using an estimated price of £158,328 means this house is valued at £1,479 per sq meter (£137 per sq foot).
The average size of a house on SOUTHACRE AVENUE is 119 sq meters (1,284 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Southacre Avenue |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Southacre Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southacre Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southacre Avenue |
| Jan 2024 | Anti-social behaviour | On or near Southacre Avenue |