£199,686
This estimated value is based upon the latest sale price for the house of £115,000 on 22 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 22 Dec 2011 |
| £55,950 | 22 Feb 2002 |
| £52,000 | 24 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 851 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 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £115,000 results in an estimated price of approximately £199,686.
| 22 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £115,000 | £84,686 | £199,686 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 81.943 % | £94,234 | £209,234 |
| 3 Month Average | 73.508 % | £84,533 | £199,533 |
| 6 Month Average | 73.992 % | £85,091 | £200,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £203,673 | £200,000 | 22 FLAVELLS LANE |
| 23 Jun 2023 | £448,998 | £440,000 | 353 HIMLEY ROAD |
| 31 Mar 2023 | £262,890 | £258,500 | 11 THE SPINNEY |
| 10 Mar 2023 | £106,783 | £105,000 | 9 PROSPECT ROAD |
| 7 Jan 2022 | £328,661 | £310,000 | 365 HIMLEY ROAD |
This house has a floor area of 79 sq meters or 851 sq feet when measured on 24 Aug 2011. Using an estimated price of £199,687 means this house is valued at £2,523 per sq meter (£234 per sq foot).
The average size of a house on THE SPINNEY is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Himley Road | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Himley Road |
| May 2024 | Anti-social behaviour | On or near Himley Road | |
| May 2024 | Anti-social behaviour | On or near Himley Road | |
| May 2024 | Anti-social behaviour | On or near Himley Road |