£263,050
This estimated value is based upon the latest sale price for the house of £215,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 7 Feb 2020 |
| £170,000 | 1 Sep 2006 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £215,000 results in an estimated price of approximately £263,050.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £215,000 | £48,050 | £263,050 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 32.910 % | £70,755 | £285,755 |
| 3 Month Average | 20.306 % | £43,657 | £258,657 |
| 6 Month Average | 19.608 % | £42,157 | £257,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £162,072 | £160,000 | 124 RINGWOOD ROAD |
| 23 Jun 2023 | £180,183 | £178,000 | 69 RINGWOOD ROAD |
| 12 Jun 2023 | £197,391 | £195,000 | 82 RINGWOOD ROAD |
| 24 Apr 2023 | £141,524 | £140,000 | 39 STANLEY ROAD |
| 11 Mar 2022 | £184,455 | £178,000 | 23 STANLEY ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 20 Aug 2014. Using an estimated price of £263,050 means this house is valued at £2,657 per sq meter (£246 per sq foot).
The average size of a house on STANLEY ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ringwood Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Purcell Road |
| Apr 2024 | Burglary | Under investigation | On or near Sherborne Road |