£336,070
This estimated value is based upon the latest sale price for the house of £332,000 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £332,000 | 29 Jun 2023 |
| £183,000 | 28 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 791 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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £332,000 results in an estimated price of approximately £336,070.
| 29 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £332,000 | £4,070 | £336,070 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 77.249 % | £256,466 | £588,466 |
| 3 Month Average | 29.721 % | £98,673 | £430,673 |
| 6 Month Average | 13.967 % | £46,371 | £378,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £406,011 | £400,000 | 57 SPRINGFIELD CRESCENT |
| 20 Nov 2023 | £385,710 | £380,000 | 49 SPRINGFIELD CRESCENT |
| 29 Jun 2023 | £336,071 | £332,000 | 148 STEPHENS ROAD |
| 9 Jun 2023 | £278,372 | £275,000 | 160 STEPHENS ROAD |
| 13 Apr 2023 | £379,082 | £375,000 | 93 SPRINGFIELD CRESCENT |
This house has a floor area of 73 sq meters or 791 sq feet when measured on 21 Sep 2010. Using an estimated price of £336,071 means this house is valued at £4,571 per sq meter (£424 per sq foot).
The average size of a house on STEPHENS ROAD is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Crescent |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Springfield Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stephens Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Stephens Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romilly Close |