£160,686
This estimated value is based upon the latest sale price for the house of £95,000 on 3 Dec 2012. 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 | 3 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £95,000 results in an estimated price of approximately £160,686.
| 3 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £95,000 | £65,686 | £160,686 |
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 | 25.737 % | £24,450 | £119,450 |
| 3 Month Average | 32.157 % | £30,548 | £125,548 |
| 6 Month Average | 47.350 % | £44,982 | £139,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £112,468 | £110,500 | 6 YORK AVENUE |
| 14 Nov 2023 | £172,555 | £170,000 | FLAT A 170 WOLVERHAMPTON ROAD |
| 15 Sep 2023 | £177,267 | £175,000 | 7 BLAY AVENUE |
| 28 Apr 2023 | £146,578 | £145,000 | 270 WOLVERHAMPTON ROAD |
| 31 Mar 2023 | £163,036 | £161,500 | 1 BENTLEY DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Jun 2013. Using an estimated price of £160,686 means this house is valued at £1,606 per sq meter (£149 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 | Vehicle crime | Unable to prosecute suspect | On or near Wolverhampton Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolverhampton Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wolverhampton Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Wolverhampton Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Wolverhampton Road |