£147,281
This estimated value is based upon the latest sale price for the house of £120,100 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,100 | 18 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £120,100 results in an estimated price of approximately £147,281.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £120,100 | £27,181 | £147,281 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -21.056 % | £-25,288 | £94,811 |
| 3 Month Average | -8.139 % | £-9,774 | £110,325 |
| 6 Month Average | 4.452 % | £5,347 | £125,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £187,780 | £185,000 | 70 SHERWOOD STREET |
| 20 Sep 2023 | £182,331 | £180,000 | 173 STAVELEY ROAD |
| 14 Jul 2023 | £142,924 | £141,000 | 6 SHERWOOD STREET |
| 21 Mar 2023 | £140,827 | £139,500 | 68 SHERWOOD STREET |
| 21 Mar 2023 | £140,827 | £139,500 | 69 SHERWOOD STREET |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 5 Jun 2017. Using an estimated price of £147,281 means this house is valued at £1,207 per sq meter (£112 per sq foot).
The average size of a house on STAVELEY ROAD is 124 sq meters (1,341 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Staveley Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Staveley Road |
| Apr 2024 | Public order | Awaiting court outcome | On or near Staveley Road |
| Apr 2024 | Public order | Under investigation | On or near Staveley Road |
| Apr 2024 | Robbery | Unable to prosecute suspect | On or near Staveley Road |