£146,216
This estimated value is based upon the latest sale price for the house of £109,000 on 18 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £109,000 | 18 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £109,000 results in an estimated price of approximately £146,216.
| 18 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £109,000 | £37,216 | £146,216 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 54.413 % | £59,309 | £168,309 |
| 3 Month Average | 34.016 % | £37,077 | £146,077 |
| 6 Month Average | 41.269 % | £44,982 | £153,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £189,818 | £185,000 | 85 STROUD AVENUE |
| 24 Nov 2023 | £171,863 | £167,500 | 39 DOUGLAS DAVIES CLOSE |
| 10 Nov 2023 | £112,352 | £109,500 | FLAT 44 WINEHALA COURT, 50A SANDBEDS ROAD |
| 31 Oct 2023 | £161,672 | £158,000 | 43 WOLVERSON CLOSE |
| 7 Sep 2023 | £189,170 | £185,000 | 57 STROUD AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 May 2016. Using an estimated price of £146,216 means this house is valued at £1,850 per sq meter (£171 per sq foot).
The average size of a house on STROUD AVENUE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Wolverson Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wolverson Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolverson Close |
| Jul 2024 | Anti-social behaviour | On or near Douglas Davies Close | |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Douglas Davies Close |