£171,180
This estimated value is based upon the latest sale price for the house of £110,000 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 27 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.619%.Applying this 55.619% change to the original purchase price of £110,000 results in an estimated price of approximately £171,180.
| 27 Jul 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.619 % | £110,000 | £61,180 | £171,180 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 69.417 % | £76,358 | £186,358 |
| 3 Month Average | 17.661 % | £19,427 | £129,427 |
| 6 Month Average | 50.955 % | £56,050 | £166,050 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Nov 2015.
The average size of a house on SOUTHFIELD ROAD is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Firsvale Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Firsvale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Firsvale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosalind Grove |