£193,429
This estimated value is based upon the latest sale price for the house of £121,000 on 25 Apr 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Southwick Road
More crime details
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Price Paid | Date |
---|---|
£121,000 | 25 Apr 2008 |
£43,000 | 15 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 April 2008 the House Price Index for WEST MIDLANDS was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £121,000 results in an estimated price of approximately £193,429.
25 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £121,000 | £72,429 | £193,429 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 95.860 % | £115,990 | £236,990 |
3 Month Average | 84.313 % | £102,019 | £223,019 |
6 Month Average | 64.009 % | £77,450 | £198,450 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £155,000 | £155,000 | 5 BELGRAVE ROAD |
14 Nov 2023 | £189,818 | £185,000 | 48 BELGRAVE ROAD |
24 Mar 2023 | £589,851 | £580,000 | 1 BELGRAVE ROAD |
10 Jan 2022 | £219,991 | £207,500 | 16 BELGRAVE ROAD |
22 Dec 2021 | £134,913 | £125,000 | 42 SOUTHWICK ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 17 Oct 2013. Using an estimated price of £193,429 means this house is valued at £3,278 per sq meter (£304 per sq foot).
The average size of a house on SOUTHWICK ROAD is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Southwick Road |
Sep 2024 | Burglary | Under investigation | On or near Southwick Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwick Road |
Aug 2024 | Other theft | Under investigation | On or near Southwick Road |
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Southwick Road |