£855,361
This estimated value is based upon the latest sale price for the house of £845,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £845,000 | 9 Jun 2023 |
| £333,000 | 16 Dec 2019 |
| 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £845,000 results in an estimated price of approximately £855,361.
| 9 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £845,000 | £10,361 | £855,361 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -50.102 % | £-423,364 | £421,635 |
| 3 Month Average | -3.563 % | £-30,106 | £814,893 |
| 6 Month Average | -0.649 % | £-5,479 | £839,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £626,481 | £621,000 | FLAT WELSH CHAPEL ST MARKS ROAD |
| 17 Jul 2023 | £402,923 | £397,500 | 38 PARK ROAD EAST |
| 9 Jun 2023 | £855,361 | £845,000 | 1 SOUTHGATE |
| 2 Jun 2023 | £384,659 | £380,000 | 8 SUMMERFIELD ROAD |
| 24 Apr 2023 | £101,088 | £100,000 | 5A PARK CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Southgate | |
| Mar 2024 | Drugs | Local resolution | On or near Southgate |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southgate |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Bath Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Park Crescent |