£202,449
This estimated value is based upon the latest sale price for the house of £165,000 on 4 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 4 Sep 2019 |
| £91,000 | 31 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 899 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £165,000 results in an estimated price of approximately £202,449.
| 4 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £165,000 | £37,449 | £202,449 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 4.650 % | £7,672 | £172,672 |
| 3 Month Average | 15.829 % | £26,117 | £191,117 |
| 6 Month Average | 30.106 % | £49,675 | £214,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £163,419 | £161,000 | 12 MERRICK ROAD |
| 27 Jan 2023 | £151,785 | £152,500 | 16 MERRICK ROAD |
| 16 Jun 2022 | £248,512 | £245,000 | 158 COLMAN AVENUE |
| 24 May 2022 | £215,052 | £211,000 | 136 COLMAN AVENUE |
| 6 May 2022 | £203,841 | £200,000 | 117 COLMAN AVENUE |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 31 Aug 2011. Using an estimated price of £202,449 means this house is valued at £2,423 per sq meter (£225 per sq foot).
The average size of a house on STUBBY LANE is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near The Broads | |
| Mar 2024 | Anti-social behaviour | On or near The Broads | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Broads |
| Mar 2024 | Anti-social behaviour | On or near The Broads | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Broads |