£187,352
This estimated value is based upon the latest sale price for the house of £115,000 on 25 Jun 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 Southbourne Road
More crime details
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| Price Paid | Date |
|---|---|
| £115,000 | 25 Jun 2008 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 June 2008 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £115,000 results in an estimated price of approximately £187,352.
| 25 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.916 % | £115,000 | £72,352 | £187,352 |
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 | 51.973 % | £59,769 | £174,769 |
| 3 Month Average | 71.990 % | £82,788 | £197,788 |
| 6 Month Average | 68.804 % | £79,124 | £194,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £175,000 | £175,000 | 30 SOUTHBOURNE ROAD |
| 22 Nov 2023 | £167,245 | £163,000 | 4 ROMSEY ROAD |
| 23 Jun 2023 | £224,499 | £220,000 | 79 WINCHESTER ROAD |
| 3 Apr 2023 | £218,079 | £214,000 | 45 ASHFIELD ROAD |
| 15 Aug 2022 | £188,883 | £188,000 | 57 SOUTHBOURNE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Sep 2021. Using an estimated price of £187,353 means this house is valued at £2,566 per sq meter (£238 per sq foot).
The average size of a house on SOUTHBOURNE ROAD is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Southbourne Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Southbourne Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Romsey Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winchester Road |