£179,531
This estimated value is based upon the latest sale price for the house of £166,000 on 10 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £166,000 | 10 Nov 2021 |
| Terraced |
| Freehold |
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 November 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £166,000 results in an estimated price of approximately £179,531.
| 10 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £166,000 | £13,531 | £179,531 |
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 | -7.067 % | £-11,731 | £154,268 |
| 3 Month Average | -16.081 % | £-26,694 | £139,305 |
| 6 Month Average | -0.862 % | £-1,431 | £164,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £221,942 | £220,000 | 99 STUBBY LANE |
| 5 Jan 2023 | £54,742 | £55,000 | 73 STUBBY LANE |
| 26 Oct 2022 | £153,349 | £155,000 | 81 MERRICK ROAD |
| 23 Sep 2022 | £183,518 | £185,000 | 149 STUBBY LANE |
| 29 Jul 2022 | £185,499 | £185,000 | 128 STUBBY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawrence Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawrence Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lawrence Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lawrence Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Stubby Lane |