£193,688
This estimated value is based upon the latest sale price for the house of £152,500 on 14 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£152,500 | 14 Aug 2017 |
£72,500 | 14 Apr 2003 |
£58,000 | 27 Jul 2001 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £152,500 results in an estimated price of approximately £193,688.
14 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £152,500 | £41,188 | £193,688 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 15.111 % | £23,043 | £175,543 |
3 Month Average | 32.052 % | £48,878 | £201,378 |
6 Month Average | 38.442 % | £58,624 | £211,124 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £165,449 | £163,000 | 4 ROMSEY ROAD |
19 Sep 2023 | £212,720 | £210,000 | 42 SOUTHBOURNE ROAD |
14 Jul 2023 | £202,729 | £200,000 | 122 WINCHESTER ROAD |
6 Apr 2023 | £232,503 | £230,000 | 136 WINCHESTER ROAD |
15 Aug 2022 | £187,495 | £188,000 | 57 SOUTHBOURNE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 19 Jan 2017. Using an estimated price of £193,689 means this house is valued at £1,793 per sq meter (£166 per sq foot).
The average size of a house on WINCHESTER ROAD is 87 sq meters (938 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Slade Road |
Feb 2024 | Anti-social behaviour | On or near Slade Road | |
Feb 2024 | Anti-social behaviour | On or near Slade Road | |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Slade Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slade Road |