£226,428
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Mar 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 5 Mar 2007 |
| £134,000 | 4 Nov 2005 |
| £128,000 | 2 Feb 2004 |
| £93,950 | 24 May 2002 |
| Flats/Maisonettes |
| Leasehold |
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 March 2007 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £140,000 results in an estimated price of approximately £226,428.
| 5 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £140,000 | £86,428 | £226,428 |
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 | 44.574 % | £62,404 | £202,404 |
| 3 Month Average | 63.128 % | £88,378 | £228,378 |
| 6 Month Average | 63.226 % | £88,516 | £228,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £93,255 | £92,000 | 80 SOUTHBANK ROAD |
| 31 Mar 2023 | £238,245 | £236,000 | 113 SOUTHBANK ROAD |
| 30 Mar 2023 | £225,121 | £223,000 | 96 SOUTHBANK ROAD |
| 10 Feb 2023 | £266,820 | £267,000 | 9 FORFIELD ROAD |
| 18 Feb 2022 | £203,447 | £194,000 | 107 CEDARS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southbank Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southbank Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |