£11,810
This estimated value is based upon the latest sale price for the house of £9,250 on 8 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £9,250 | 8 Sep 2017 |
| £187,000 | 8 Sep 2017 |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £9,250 results in an estimated price of approximately £11,810.
| 8 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £9,250 | £2,560 | £11,810 |
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 | 19.763 % | £1,828 | £11,078 |
| 3 Month Average | 22.010 % | £2,035 | £11,285 |
| 6 Month Average | 32.292 % | £2,987 | £12,237 |
| 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 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Jul 2014. Using an estimated price of £11,811 means this house is valued at £118 per sq meter (£10 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (921 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 | Anti-social behaviour | On or near Stourbridge Road | |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stourbridge Road |