£87,252
This estimated value is based upon the latest sale price for the house of £50,500 on 6 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,500 | 6 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 September 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £50,500 results in an estimated price of approximately £87,252.
| 6 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £50,500 | £36,752 | £87,252 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 63.610 % | £32,122 | £82,622 |
| 3 Month Average | 39.280 % | £19,836 | £70,336 |
| 6 Month Average | 57.492 % | £29,033 | £79,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £129,658 | £128,000 | 25 CHESTER PLACE |
| 26 Jul 2023 | £177,387 | £175,000 | 9 RIPON ROAD |
| 2 Jun 2023 | £136,655 | £135,000 | 97 ALUMWELL ROAD |
| 11 Apr 2023 | £123,328 | £122,000 | 8 RIPON ROAD |
| 8 Mar 2023 | £138,303 | £137,000 | 19 BLAY AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Jul 2011. Using an estimated price of £87,253 means this house is valued at £1,384 per sq meter (£128 per sq foot).
The average size of a house on SOUTHBOURNE AVENUE is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ripon Road |
| Mar 2024 | Anti-social behaviour | On or near Alum Well Road | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ripon Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alum Well Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alum Well Road |