£114,754
This estimated value is based upon the latest sale price for the house of £95,000 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 24 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £95,000 results in an estimated price of approximately £114,754.
| 24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £95,000 | £19,754 | £114,754 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 14.733 % | £13,996 | £108,996 |
| 3 Month Average | 2.773 % | £2,634 | £97,634 |
| 6 Month Average | 15.548 % | £14,770 | £109,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £155,000 | £155,000 | 5 BELGRAVE ROAD |
| 14 Nov 2023 | £189,818 | £185,000 | 48 BELGRAVE ROAD |
| 24 Mar 2023 | £589,851 | £580,000 | 1 BELGRAVE ROAD |
| 10 Jan 2022 | £219,991 | £207,500 | 16 BELGRAVE ROAD |
| 22 Dec 2021 | £134,913 | £125,000 | 42 SOUTHWICK ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Mar 2020. Using an estimated price of £114,754 means this house is valued at £1,663 per sq meter (£154 per sq foot).
The average size of a house on SOUTHWICK ROAD is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Southwick Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Lane |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Long Lane |