£394,622
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £250,000 | 28 Feb 2008 |
| Terraced |
| Freehold |
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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £250,000 results in an estimated price of approximately £394,622.
| 28 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £250,000 | £144,622 | £394,622 |
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 | 40.040 % | £100,098 | £350,098 |
| 3 Month Average | 47.329 % | £118,322 | £368,322 |
| 6 Month Average | 49.997 % | £124,991 | £374,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £180,000 | £180,000 | 16 EDWARD ROAD |
| 7 Dec 2023 | £174,358 | £169,000 | 206 STOURBRIDGE ROAD |
| 27 Oct 2023 | £189,299 | £185,000 | 15 EDWARD ROAD |
| 3 Oct 2023 | £106,929 | £104,500 | 230 STOURBRIDGE ROAD |
| 15 Sep 2023 | £224,959 | £220,000 | 215A STOURBRIDGE ROAD |
| 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 | Anti-social behaviour | On or near Stourbridge Road | |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stourbridge Road |