£157,069
This estimated value is based upon the latest sale price for the house of £125,000 on 10 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 10 May 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £125,000 results in an estimated price of approximately £157,069.
| 10 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £125,000 | £32,069 | £157,069 |
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 | 41.508 % | £51,884 | £176,884 |
| 3 Month Average | 35.651 % | £44,563 | £169,563 |
| 6 Month Average | 31.142 % | £38,928 | £163,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £266,088 | £262,000 | 84 ATTWOOD STREET |
| 8 Sep 2023 | £168,719 | £165,000 | 7 FARMERS COURT |
| 29 Aug 2023 | £195,527 | £192,000 | 1 FARMERS COURT |
| 15 Jun 2023 | £204,090 | £200,000 | 4 ATTWOOD STREET |
| 14 Apr 2023 | £188,526 | £185,000 | 17 SHORT STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 20 Sep 2017. Using an estimated price of £157,069 means this house is valued at £1,707 per sq meter (£158 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Stourbridge Road | |
| Oct 2024 | Shoplifting | Under investigation | On or near Stourbridge Road |
| Oct 2024 | Anti-social behaviour | On or near Stourbridge Road | |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stourbridge Road |
| Oct 2024 | Anti-social behaviour | On or near Stourbridge Road |