£185,229
This estimated value is based upon the latest sale price for the house of £150,000 on 5 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 5 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £150,000 results in an estimated price of approximately £185,229.
| 5 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £150,000 | £35,229 | £185,229 |
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 | 28.923 % | £43,384 | £193,384 |
| 3 Month Average | 26.294 % | £39,441 | £189,441 |
| 6 Month Average | 32.261 % | £48,391 | £198,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £197,930 | £195,000 | 3 BECKBURY AVENUE |
| 3 Feb 2023 | £205,861 | £206,000 | 16 STOURTON DRIVE |
| 16 Nov 2022 | £178,834 | £181,000 | 10A WEST GREEN |
| 30 Jun 2022 | £209,967 | £207,000 | 93 WARSTONES DRIVE |
| 13 May 2022 | £81,536 | £80,000 | 35A STOURTON DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Jan 2014. Using an estimated price of £185,230 means this house is valued at £2,231 per sq meter (£207 per sq foot).
The average size of a house on STOURTON DRIVE is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stourton Drive |
| Mar 2024 | Theft from the person | Under investigation | 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 |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Draycott Close |