£258,622
This estimated value is based upon the latest sale price for the house of £150,000 on 10 Dec 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 10 Dec 2010 |
| £135,000 | 11 Mar 2005 |
| £113,200 | 29 Jan 2003 |
| £75,000 | 7 Oct 2002 |
| £58,500 | 9 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 858 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 2010 the House Price Index for WEST MIDLANDS was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £150,000 results in an estimated price of approximately £258,622.
| 10 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £150,000 | £108,622 | £258,622 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 67.260 % | £100,890 | £250,890 |
| 3 Month Average | 71.582 % | £107,373 | £257,373 |
| 6 Month Average | 69.136 % | £103,704 | £253,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £286,507 | £280,000 | 100 CEDARS AVENUE |
| 31 Mar 2023 | £240,008 | £236,000 | 113 SOUTHBANK ROAD |
| 30 Mar 2023 | £226,787 | £223,000 | 96 SOUTHBANK ROAD |
| 20 Mar 2023 | £183,057 | £180,000 | 11 RALPH ROAD |
| 5 May 2022 | £184,815 | £180,000 | APARTMENT 8 ROBINA COURT, 2 CLAYTON ROAD |
This house has a floor area of 79 sq meters or 858 sq feet when measured on 19 Aug 2010. Using an estimated price of £258,622 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on SOUTHBANK ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Southbank Road |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Southbank Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |