£2,676,518
This estimated value is based upon the latest sale price for the house of £440,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Stirling Road
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| Price Paid | Date |
|---|---|
| £440,000 | 12 Oct 2023 |
| £400,000 | 30 Nov 2018 |
| £227,500 | 3 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 October 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £440,000 results in an estimated price of approximately £2,676,518.
| 12 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £440,000 | £2,236,518 | £2,676,518 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 66.037 % | £290,564 | £730,564 |
| 3 Month Average | -24.090 % | £-105,994 | £334,005 |
| 6 Month Average | 1.964 % | £8,640 | £448,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £349,707 | £345,000 | 27 STIRLING ROAD |
| 21 Jul 2023 | £146,978 | £145,000 | 12 STIRLING COURT STIRLING ROAD |
| 26 Apr 2023 | £227,449 | £225,000 | 22 WYNDHAM ROAD |
| 1 Feb 2023 | £234,842 | £235,000 | 6 WYNDHAM ROAD |
| 7 Jun 2022 | £91,290 | £90,000 | FLAT 38 MOUNTBATTEN HOUSE, 29 WYNDHAM ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 19 Nov 2018.
The average size of a house on STIRLING ROAD is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Stirling Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stirling Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stirling Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Stirling Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Stirling Road |