£202,297
This estimated value is based upon the latest sale price for the house of £195,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 29 Apr 2022 |
| £110,000 | 20 Nov 2020 |
| £69,950 | 31 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £195,000 results in an estimated price of approximately £202,297.
| 29 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £195,000 | £7,297 | £202,297 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -7.540 % | £-14,702 | £180,297 |
| 3 Month Average | 6.077 % | £11,849 | £206,849 |
| 6 Month Average | 13.340 % | £26,012 | £221,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £107,878 | £105,500 | 108 STOURBRIDGE ROAD |
| 29 Aug 2023 | £229,133 | £225,000 | 27 WINDSOR ROAD |
| 15 Aug 2023 | £107,438 | £105,500 | 98 STOURBRIDGE ROAD |
| 24 Mar 2023 | £206,448 | £203,000 | 71 OLD HAWNE LANE |
| 3 Jan 2023 | £190,509 | £190,000 | 96 STOURBRIDGE ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 24 Nov 2021. Using an estimated price of £202,297 means this house is valued at £2,085 per sq meter (£193 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sports/Recreation Area |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Sports/Recreation Area |