£272,946
This estimated value is based upon the latest sale price for the house of £196,000 on 30 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £196,000 | 30 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £196,000 results in an estimated price of approximately £272,946.
| 30 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £196,000 | £76,946 | £272,946 |
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 | 88.610 % | £173,675 | £369,675 |
| 3 Month Average | 50.229 % | £98,448 | £294,448 |
| 6 Month Average | 60.947 % | £119,455 | £315,455 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £270,365 | £268,000 | 31 FARMBROOK AVENUE |
| 16 Feb 2023 | £219,852 | £220,000 | 5 MILLDALE ROAD |
| 2 Feb 2023 | £304,795 | £305,000 | 607 STAFFORD ROAD |
| 14 Nov 2022 | £232,188 | £235,000 | 11 MILL GREEN |
| 28 Oct 2022 | £276,028 | £279,000 | 1A MILLDALE ROAD |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 3 Dec 2013. Using an estimated price of £272,947 means this house is valued at £1,568 per sq meter (£145 per sq foot).
The average size of a house on STAFFORD ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Mill Green |