£122,788
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Feb 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 9 Feb 2024 |
| £80,000 | 9 Jun 2003 |
| Semi-Detached |
| 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 February 2024 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £120,000 results in an estimated price of approximately £122,788.
| 9 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £120,000 | £2,788 | £122,788 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -17.037 % | £-20,444 | £99,555 |
| 3 Month Average | -0.195 % | £-233 | £119,766 |
| 6 Month Average | -2.280 % | £-2,735 | £117,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £175,000 | £175,000 | 30 SOUTHBOURNE ROAD |
| 22 Mar 2024 | £218,355 | £215,000 | 31 WINCHESTER ROAD |
| 22 Nov 2023 | £167,245 | £163,000 | 4 ROMSEY ROAD |
| 6 Apr 2023 | £234,384 | £230,000 | 136 WINCHESTER ROAD |
| 23 Feb 2023 | £201,345 | £200,000 | 78 WINCHESTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Slade Road |
| Oct 2024 | Bicycle theft | Under investigation | On or near Slade Road |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Slade Road |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Slade Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Slade Road |