£301,842
This estimated value is based upon the latest sale price for the house of £228,500 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £228,500 | 21 Dec 2016 |
| £170,000 | 4 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £228,500 results in an estimated price of approximately £301,842.
| 21 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £228,500 | £73,342 | £301,842 |
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 | 15.469 % | £35,345 | £263,845 |
| 3 Month Average | 41.732 % | £95,357 | £323,857 |
| 6 Month Average | 36.567 % | £83,554 | £312,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £154,755 | £150,000 | 2B BLOOMFIELD STREET WEST |
| 13 Dec 2023 | £170,231 | £165,000 | 23 BLOOMFIELD STREET WEST |
| 8 Sep 2023 | £168,719 | £165,000 | 7 FARMERS COURT |
| 29 Aug 2023 | £195,527 | £192,000 | 1 FARMERS COURT |
| 7 Aug 2023 | £178,214 | £175,000 | 11 BLOOMFIELD STREET WEST |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 22 Jul 2013. Using an estimated price of £301,842 means this house is valued at £2,744 per sq meter (£254 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near A458 | |
| Sep 2024 | Anti-social behaviour | On or near A458 | |
| Sep 2024 | Anti-social behaviour | On or near A458 | |
| Sep 2024 | Anti-social behaviour | On or near A458 | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmers Court |