£160,602
This estimated value is based upon the latest sale price for the house of £130,000 on 8 Oct 2019. 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 |
---|---|
£130,000 | 8 Oct 2019 |
£90,000 | 19 Aug 2019 |
£71,500 | 13 Feb 2003 |
£33,500 | 30 Oct 1998 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 October 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £130,000 results in an estimated price of approximately £160,602.
8 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £130,000 | £30,602 | £160,602 |
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 | 17.945 % | £23,328 | £153,328 |
3 Month Average | 0.025 % | £32 | £130,032 |
6 Month Average | 23.300 % | £30,289 | £160,289 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £165,000 | £165,000 | 230 SHENSTONE ROAD |
18 Jun 2022 | £137,949 | £135,000 | 164 SHENSTONE ROAD |
30 Mar 2022 | £167,029 | £160,000 | 73 LAXEY ROAD |
10 Dec 2021 | £151,103 | £140,000 | 71 LAXEY ROAD |
17 Mar 2021 | £156,989 | £140,000 | 245 SHENSTONE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Aug 2019. Using an estimated price of £160,602 means this house is valued at £2,170 per sq meter (£201 per sq foot).
The average size of a house on LAXEY ROAD is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southfield Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Southfield Avenue |
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Southfield Avenue |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Southfield Avenue |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southfield Avenue |