£216,239
This estimated value is based upon the latest sale price for the house of £178,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £178,000 | 30 Aug 2019 |
| £134,000 | 26 Aug 2005 |
| £49,950 | 1 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.483%.Applying this 21.483% change to the original purchase price of £178,000 results in an estimated price of approximately £216,239.
| 30 Aug 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 146.7 | 21.483 % | £178,000 | £38,239 | £216,239 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | -4.845 % | £-8,623 | £169,376 |
| 3 Month Average | 1.593 % | £2,836 | £180,836 |
| 6 Month Average | 10.073 % | £17,929 | £195,929 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Jun 2019.
The average size of a house on STOURVALLEY CLOSE is 137 sq meters (1,478 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rodway Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walker Avenue |
| Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Morton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morton Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Turner Drive |