£282,935
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 17 Apr 2018 |
| £182,500 | 5 Dec 2011 |
| £84,950 | 1 Jun 2001 |
| £81,000 | 29 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £225,000 results in an estimated price of approximately £282,935.
| 17 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £225,000 | £57,935 | £282,935 |
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 | 16.363 % | £36,817 | £261,817 |
| 3 Month Average | 30.654 % | £68,970 | £293,970 |
| 6 Month Average | 26.670 % | £60,008 | £285,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £291,478 | £287,000 | 386 STOURBRIDGE ROAD |
| 16 Oct 2023 | £259,903 | £254,000 | 334 STOURBRIDGE ROAD |
| 7 Aug 2023 | £183,306 | £180,000 | 20 WITLEY AVENUE |
| 25 Nov 2022 | £497,673 | £500,000 | 19 FOXHOLLIES DRIVE |
| 8 Jul 2022 | £212,126 | £210,000 | 38 WITLEY AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 26 Oct 2021. Using an estimated price of £282,936 means this house is valued at £2,548 per sq meter (£236 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Millfield View |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crimmond Rise |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crimmond Rise |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Crimmond Rise |
| Sep 2024 | Possession of weapons | Under investigation | On or near Crimmond Rise |