£85,335
This estimated value is based upon the latest sale price for the house of £57,000 on 17 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £57,000 | 17 Oct 2014 |
| £38,000 | 1 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £57,000 results in an estimated price of approximately £85,335.
| 17 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £57,000 | £28,335 | £85,335 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 14.738 % | £8,400 | £65,400 |
| 3 Month Average | 23.019 % | £13,120 | £70,120 |
| 6 Month Average | 34.857 % | £19,868 | £76,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £178,116 | £175,000 | 24 BAGLEY STREET |
| 28 Sep 2023 | £198,539 | £196,000 | 46 BAGLEY STREET |
| 22 Sep 2023 | £177,267 | £175,000 | 39 BAGLEY STREET |
| 23 Jun 2023 | £202,452 | £200,000 | 48 RIDGE GROVE |
| 9 Mar 2023 | £135,779 | £134,500 | 62 RIDGE GROVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 1 Nov 2012. Using an estimated price of £85,335 means this house is valued at £1,706 per sq meter (£158 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hickman Street |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hickman Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Bagley Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bagley Street |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Bagley Street |