£156,050
This estimated value is based upon the latest sale price for the house of £127,000 on 7 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £127,000 | 7 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £127,000 results in an estimated price of approximately £156,050.
| 7 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £127,000 | £29,050 | £156,050 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -44.391 % | £-56,376 | £70,623 |
| 3 Month Average | 25.226 % | £32,036 | £159,036 |
| 6 Month Average | 15.988 % | £20,304 | £147,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £134,121 | £130,000 | 11 AUCKLAND ROAD |
| 9 Mar 2023 | £124,072 | £122,000 | 7 LITTLE MOOR HILL |
| 26 May 2022 | £282,356 | £275,000 | 8 LONDONDERRY LANE |
| 22 Mar 2022 | £224,446 | £215,000 | 88 LONDONDERRY LANE |
| 22 Feb 2022 | £198,614 | £188,000 | 155 STONY LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 13 Jun 2019. Using an estimated price of £156,050 means this house is valued at £1,950 per sq meter (£181 per sq foot).
The average size of a house on STONY LANE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Londonderry Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Londonderry Grove |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Londonderry Grove |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Londonderry Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Little Moor Hill |