£172,023
This estimated value is based upon the latest sale price for the house of £140,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 17 Jan 2020 |
| £95,000 | 5 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £140,000 results in an estimated price of approximately £172,023.
| 17 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £140,000 | £32,023 | £172,023 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 94.574 % | £132,403 | £272,403 |
| 3 Month Average | 30.826 % | £43,156 | £183,156 |
| 6 Month Average | 20.519 % | £28,725 | £168,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £172,000 | £172,000 | 34 STANWAY ROAD |
| 18 Dec 2023 | £218,721 | £212,000 | 56 STANWAY ROAD |
| 18 Sep 2023 | £273,530 | £267,500 | 5 EBRINGTON ROAD |
| 21 Jun 2023 | £265,317 | £260,000 | 20 EBRINGTON ROAD |
| 1 Nov 2022 | £99,535 | £100,000 | 3 STANWAY GARDENS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Apr 2015. Using an estimated price of £172,024 means this house is valued at £3,071 per sq meter (£285 per sq foot).
The average size of a house on STANWAY ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanway Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanway Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stanway Gardens |
| Sep 2024 | Anti-social behaviour | On or near Stanway Gardens | |
| Sep 2024 | Anti-social behaviour | On or near Stanway Gardens |