£144,793
This estimated value is based upon the latest sale price for the house of £38,000 on 12 May 2000. 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 Southfield Avenue
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| Price Paid | Date |
|---|---|
| £38,000 | 12 May 2000 |
| £38,000 | 12 May 2000 |
| Terraced |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 May 2000 the House Price Index for WEST MIDLANDS was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £38,000 results in an estimated price of approximately £144,793.
| 12 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £38,000 | £106,793 | £144,793 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 295.678 % | £112,357 | £150,357 |
| 3 Month Average | 201.228 % | £76,466 | £114,466 |
| 6 Month Average | 259.124 % | £98,466 | £136,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £165,000 | £165,000 | 230 SHENSTONE ROAD |
| 11 Oct 2023 | £135,068 | £132,000 | 9 SOUTHFIELD AVENUE |
| 30 Mar 2022 | £167,029 | £160,000 | 73 LAXEY ROAD |
| 10 Dec 2021 | £151,103 | £140,000 | 71 LAXEY ROAD |
| 20 Oct 2020 | £194,992 | £165,000 | 5 SOUTHFIELD AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Oct 2014. Using an estimated price of £144,794 means this house is valued at £1,447 per sq meter (£134 per sq foot).
The average size of a house on LAXEY ROAD is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Southfield Avenue |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southfield Avenue |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Southfield Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southfield Avenue |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Southfield Avenue |