£171,527
This estimated value is based upon the latest sale price for the house of £142,000 on 11 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,000 | 11 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £142,000 results in an estimated price of approximately £171,527.
| 11 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £142,000 | £29,527 | £171,527 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -4.685 % | £-6,653 | £135,346 |
| 3 Month Average | 24.513 % | £34,808 | £176,808 |
| 6 Month Average | 31.549 % | £44,800 | £186,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £214,880 | £210,000 | 1 MILLER CRESCENT |
| 6 Apr 2023 | £214,003 | £210,000 | 27 SWANN ROAD |
| 31 Mar 2023 | £193,227 | £190,000 | 4 MILLER CRESCENT |
| 8 Jun 2022 | £178,823 | £175,000 | 67 PAUL STREET |
| 11 May 2022 | £164,280 | £160,000 | 9 SMITH CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Nov 2019. Using an estimated price of £171,528 means this house is valued at £1,844 per sq meter (£171 per sq foot).
The average size of a house on STRETTON PLACE is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Place |
| Jul 2024 | Anti-social behaviour | On or near Stretton Place | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Stretton Place |
| Jul 2024 | Anti-social behaviour | On or near Stretton Place | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stretton Place |