£271,149
This estimated value is based upon the latest sale price for the house of £267,500 on 25 Jul 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £267,500 | 25 Jul 2023 |
| £236,000 | 12 Jul 2019 |
| £22,050 | 31 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 July 2023 the House Price Index for WEST MIDLANDS was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £267,500 results in an estimated price of approximately £271,149.
| 25 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £267,500 | £3,649 | £271,149 |
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 | -12.376 % | £-33,105 | £234,394 |
| 3 Month Average | -1.178 % | £-3,150 | £264,349 |
| 6 Month Average | 1.286 % | £3,439 | £270,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £271,149 | £267,500 | 129 SOUTHBANK ROAD |
| 30 Jun 2023 | £262,682 | £259,500 | 402 HOLYHEAD ROAD |
| 24 Mar 2023 | £267,520 | £265,000 | 388 HOLYHEAD ROAD |
| 6 Jan 2023 | £258,781 | £260,000 | 366 HOLYHEAD ROAD |
| 29 Nov 2022 | £267,757 | £271,000 | 420 HOLYHEAD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 6 Oct 2014. Using an estimated price of £271,149 means this house is valued at £3,081 per sq meter (£286 per sq foot).
The average size of a house on SOUTHBANK ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Eastlands Grove |
| Mar 2024 | Drugs | Under investigation | On or near Eastlands Grove |
| Dec 2023 | Anti-social behaviour | On or near Eastlands Grove | |
| Dec 2023 | Anti-social behaviour | On or near Eastlands Grove | |
| Dec 2023 | Anti-social behaviour | On or near Eastlands Grove |