£288,877
This estimated value is based upon the latest sale price for the house of £173,000 on 13 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,000 | 13 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.981%.Applying this 66.981% change to the original purchase price of £173,000 results in an estimated price of approximately £288,877.
| 13 Dec 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 146.7 | 66.981 % | £173,000 | £115,877 | £288,877 |
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 | 63.591 % | £110,012 | £283,012 |
| 3 Month Average | 31.415 % | £54,347 | £227,347 |
| 6 Month Average | 70.648 % | £122,220 | £295,220 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Aug 2012.
The average size of a house on SOUTHFIELD ROAD is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Firsvale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Firsvale Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Firsvale Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Longmoor Close |