£217,452
This estimated value is based upon the latest sale price for the house of £176,000 on 12 Nov 2019. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £176,000 | 12 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in November 2019 the House Price Index for WORCESTERSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £176,000 results in an estimated price of approximately £217,452.
| 12 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £176,000 | £41,452 | £217,452 |
The Postcode Pricing Model uses changes in average sales price within the DY10 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 | 9.113 % | £16,038 | £192,038 |
| 3 Month Average | 43.010 % | £75,698 | £251,698 |
| 6 Month Average | 35.803 % | £63,013 | £239,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £292,488 | £283,500 | 204 STOURBRIDGE ROAD |
| 11 Sep 2023 | £265,861 | £260,000 | 72 WOLVERHAMPTON ROAD |
| 25 Aug 2023 | £175,159 | £172,000 | 93 WOLVERHAMPTON ROAD |
| 9 Jun 2023 | £179,599 | £176,000 | FLAT 4 HEATH HOUSE STOURBRIDGE ROAD |
| 11 Apr 2023 | £169,164 | £166,000 | 269 STOURBRIDGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 Jul 2019. Using an estimated price of £217,452 means this house is valued at £2,752 per sq meter (£255 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Wolverhampton Road |
| Sep 2024 | Anti-social behaviour | On or near Wolverhampton Road | |
| Aug 2024 | Anti-social behaviour | On or near Wolverhampton Road | |
| Aug 2024 | Anti-social behaviour | On or near Wolverhampton Road | |
| Jul 2024 | Anti-social behaviour | On or near Wolverhampton Road |