£194,117
This estimated value is based upon the latest sale price for the house of £116,000 on 24 May 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£116,000 | 24 May 2013 |
£45,500 | 3 Oct 1997 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 May 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £116,000 results in an estimated price of approximately £194,117.
24 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.342 % | £116,000 | £78,117 | £194,117 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 37.279 % | £43,243 | £159,243 |
3 Month Average | 66.547 % | £77,194 | £193,194 |
6 Month Average | 56.884 % | £65,985 | £181,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £234,369 | £235,000 | 16 HAZEL CROFT |
24 Jun 2022 | £276,406 | £272,500 | 50 GREAT STONE ROAD |
13 Apr 2022 | £192,572 | £187,000 | 72 GREAT STONE ROAD |
2 Aug 2021 | £278,904 | £250,000 | 101 GREAT STONE ROAD |
16 Jul 2021 | £247,092 | £215,000 | 38 GREAT STONE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Jun 2012. Using an estimated price of £194,117 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on GREAT STONE ROAD is 82 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chatham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chatham Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Great Stone Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Great Stone Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Great Stone Road |