£226,787
This estimated value is based upon the latest sale price for the house of £223,000 on 30 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £223,000 | 30 Mar 2023 |
| £112,500 | 6 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £223,000 results in an estimated price of approximately £226,787.
| 30 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £223,000 | £3,787 | £226,787 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -7.537 % | £-16,807 | £206,192 |
| 3 Month Average | 4.500 % | £10,035 | £233,035 |
| 6 Month Average | 1.394 % | £3,108 | £226,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £286,507 | £280,000 | 100 CEDARS AVENUE |
| 31 Mar 2023 | £240,008 | £236,000 | 113 SOUTHBANK ROAD |
| 30 Mar 2023 | £226,787 | £223,000 | 96 SOUTHBANK ROAD |
| 10 Feb 2023 | £268,796 | £267,000 | 9 FORFIELD ROAD |
| 18 Feb 2022 | £204,953 | £194,000 | 107 CEDARS AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Aug 2021. Using an estimated price of £226,787 means this house is valued at £2,834 per sq meter (£263 per sq foot).
The average size of a house on SOUTHBANK ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Clayton Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ralph Road |