£132,387
This estimated value is based upon the latest sale price for the house of £130,000 on 4 Aug 2023. 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 |
|---|---|
| £130,000 | 4 Aug 2023 |
| £155,000 | 7 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 824 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 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £130,000 results in an estimated price of approximately £132,387.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £130,000 | £2,387 | £132,387 |
The Postcode Pricing Model uses changes in average sales price within the B10 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 | -14.074 % | £-18,296 | £111,703 |
| 3 Month Average | 29.664 % | £38,562 | £168,562 |
| 6 Month Average | 3.011 % | £3,914 | £133,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £184,183 | £180,000 | 85 STARBANK ROAD |
| 4 Aug 2023 | £132,388 | £130,000 | 161 STARBANK ROAD |
| 31 Mar 2023 | £294,925 | £290,000 | 278 HOB MOOR ROAD |
| 12 Sep 2022 | £169,887 | £170,000 | 187 HEYBARNES ROAD |
| 19 Aug 2022 | £190,893 | £190,000 | 159 FOSBROOKE ROAD |
This house has a floor area of 76 sq meters or 824 sq feet when measured on 12 Jan 2010. Using an estimated price of £132,388 means this house is valued at £1,728 per sq meter (£160 per sq foot).
The average size of a house on STARBANK ROAD is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hob Moor Road | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hob Moor Road |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Hob Moor Road |
| Oct 2024 | Violence and sexual offences | Offender given a caution | On or near Hob Moor Road |
| Oct 2024 | Possession of weapons | Under investigation | On or near Hob Moor Road |