£332,552
This estimated value is based upon the latest sale price for the house of £325,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £325,000 | 31 Oct 2023 |
| £135,000 | 7 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 October 2023 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £325,000 results in an estimated price of approximately £332,552.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £325,000 | £7,552 | £332,552 |
The Postcode Pricing Model uses changes in average sales price within the CV4 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 | -24.197 % | £-78,641 | £246,358 |
| 3 Month Average | -22.548 % | £-73,282 | £251,717 |
| 6 Month Average | -19.935 % | £-64,789 | £260,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £332,553 | £325,000 | 1 STARE GREEN |
| 24 Apr 2023 | £250,689 | £246,000 | 23 STARE GREEN |
| 10 Mar 2023 | £411,878 | £405,000 | 14 BRANSFORD AVENUE |
| 24 Feb 2023 | £510,410 | £507,000 | 8 SQUIRES WAY |
| 11 Nov 2022 | £258,790 | £260,000 | 20 STARE GREEN |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Sep 2019. Using an estimated price of £332,553 means this house is valued at £3,779 per sq meter (£351 per sq foot).
The average size of a house on STARE GREEN is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackthorn Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lilacvale Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lilacvale Way |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lilacvale Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brill Close |