£153,629
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 30 Oct 2020 |
| £39,950 | 26 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £130,000 results in an estimated price of approximately £153,629.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £130,000 | £23,629 | £153,629 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -14.332 % | £-18,632 | £111,367 |
| 3 Month Average | 12.930 % | £16,809 | £146,809 |
| 6 Month Average | 24.745 % | £32,168 | £162,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £166,500 | £166,500 | 29 SIMPSON ROAD |
| 3 Oct 2023 | £152,463 | £149,000 | 56 EDISON ROAD |
| 9 Jun 2023 | £198,988 | £195,000 | 7 HARVEY ROAD |
| 9 Jun 2023 | £173,476 | £170,000 | 7 DARWIN PLACE |
| 28 Apr 2023 | £163,050 | £160,000 | 40 FARADAY ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Apr 2016. Using an estimated price of £153,630 means this house is valued at £2,163 per sq meter (£201 per sq foot).
The average size of a house on STEPHENSON AVENUE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stephenson Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stephenson Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stephenson Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Faraday Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Faraday Road |