£251,820
This estimated value is based upon the latest sale price for the house of £205,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 12 Jul 2019 |
| £154,500 | 12 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £205,000 results in an estimated price of approximately £251,820.
| 12 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £205,000 | £46,820 | £251,820 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -14.309 % | £-29,332 | £175,667 |
| 3 Month Average | 22.175 % | £45,458 | £250,458 |
| 6 Month Average | 39.482 % | £80,937 | £285,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £216,088 | £212,000 | 56 STANWAY ROAD |
| 21 Jun 2023 | £262,125 | £260,000 | 20 EBRINGTON ROAD |
| 1 Nov 2022 | £98,404 | £100,000 | 3 STANWAY GARDENS |
| 1 Jul 2022 | £169,771 | £170,000 | 54 CHARTLEY ROAD |
| 4 Apr 2022 | £174,359 | £170,000 | 25 STANWAY GARDENS |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 25 Mar 2019. Using an estimated price of £251,821 means this house is valued at £2,650 per sq meter (£246 per sq foot).
The average size of a house on STANWAY GARDENS is 99 sq meters (1,070 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanway Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanway Gardens |
| Mar 2024 | Anti-social behaviour | On or near Stanway Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Stanway Gardens | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stanway Gardens |