£193,312
This estimated value is based upon the latest sale price for the house of £106,500 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,500 | 28 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.515%.Applying this 81.515% change to the original purchase price of £106,500 results in an estimated price of approximately £193,312.
| 28 Oct 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.515 % | £106,500 | £86,812 | £193,312 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 54.528 % | £58,072 | £164,572 |
| 3 Month Average | 35.559 % | £37,870 | £144,370 |
| 6 Month Average | 41.136 % | £43,809 | £150,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £70,237 | £70,000 | 16 SWANCOTE DRIVE |
| 17 Nov 2023 | £197,536 | £195,000 | 3 BECKBURY AVENUE |
| 28 Apr 2023 | £190,365 | £188,950 | 37 SWANCOTE DRIVE |
| 3 Feb 2023 | £205,030 | £206,000 | 16 STOURTON DRIVE |
| 16 Nov 2022 | £178,112 | £181,000 | 10A WEST GREEN |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Jul 2013. Using an estimated price of £193,313 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on STOURTON DRIVE is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stourton Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stourton Drive |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Stourton Drive |
| Jan 2024 | Drugs | Offender given a caution | On or near Stourton Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stourton Drive |