£154,087
This estimated value is based upon the latest sale price for the house of £32,750 on 30 Jul 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £32,750 | 30 Jul 1998 |
| £22,500 | 16 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 787 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 1998 the House Price Index for WEST MIDLANDS was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £32,750 results in an estimated price of approximately £154,087.
| 30 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 149.7 | 370.495 % | £32,750 | £121,337 | £154,087 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 516.133 % | £169,033 | £201,783 |
| 3 Month Average | 526.515 % | £172,433 | £205,183 |
| 6 Month Average | 430.261 % | £140,910 | £173,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £172,653 | £170,000 | 3 LILAC ROAD |
| 6 Oct 2023 | £160,649 | £157,000 | 2 BURSLEDON WALK |
| 27 Sep 2023 | £104,299 | £102,000 | 154 STOWHEATH LANE |
| 11 Sep 2023 | £435,602 | £426,000 | HAGAR HOUSE HICKMAN AVENUE |
| 6 Apr 2023 | £142,668 | £140,000 | 66 STOWHEATH LANE |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 2 Apr 2009. Using an estimated price of £154,087 means this house is valued at £2,106 per sq meter (£195 per sq foot).
The average size of a house on STOWHEATH LANE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Road |
| Aug 2024 | Anti-social behaviour | On or near Laburnum Road | |
| Aug 2024 | Anti-social behaviour | On or near Laburnum Road | |
| Jul 2024 | Anti-social behaviour | On or near Laburnum Road | |
| Jul 2024 | Anti-social behaviour | On or near Laburnum Road |