£130,968
This estimated value is based upon the latest sale price for the house of £105,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £105,000 | 18 May 2018 |
| £76,500 | 18 Jan 2010 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 866 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 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £105,000 results in an estimated price of approximately £130,968.
| 18 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £105,000 | £25,968 | £130,968 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | -27.797 % | £-29,186 | £75,813 |
| 3 Month Average | 18.908 % | £19,853 | £124,853 |
| 6 Month Average | 29.777 % | £31,265 | £136,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £162,404 | £160,000 | 157 MILLFIELD AVENUE |
| 4 Aug 2023 | £186,633 | £185,000 | 12 SIMMONDS ROAD |
| 30 Jun 2023 | £148,802 | £147,000 | 61 MILLFIELD AVENUE |
| 25 May 2022 | £280,281 | £275,000 | 11 SIMMONDS ROAD |
| 4 Mar 2022 | £150,258 | £145,000 | 147 MILLFIELD AVENUE |
This house has a floor area of 80 sq meters or 866 sq feet when measured on 24 Feb 2009. Using an estimated price of £130,969 means this house is valued at £1,626 per sq meter (£151 per sq foot).
The average size of a house on STONEY LANE is 106 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Millfield Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Avenue |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Millfield Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millfield Avenue |