£235,649
This estimated value is based upon the latest sale price for the house of £207,000 on 17 May 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £207,000 | 17 May 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2021 the House Price Index for WEST MIDLANDS was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £207,000 results in an estimated price of approximately £235,649.
| 17 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £207,000 | £28,649 | £235,649 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 41.208 % | £85,301 | £292,301 |
| 3 Month Average | 13.902 % | £28,777 | £235,777 |
| 6 Month Average | 15.079 % | £31,212 | £238,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £200,000 | £200,000 | 492 HAGLEY ROAD WEST |
| 24 May 2024 | £270,000 | £270,000 | 5 WOODGREEN CROFT |
| 24 Oct 2023 | £350,460 | £342,500 | 472 HAGLEY ROAD WEST |
| 6 Apr 2023 | £266,994 | £262,000 | 480 HAGLEY ROAD WEST |
| 27 Jan 2023 | £135,362 | £135,000 | 3 VENTNOR CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 31 Oct 2014. Using an estimated price of £235,649 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on STANLEY ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rose Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ventnor Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ventnor Close |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Hawthorn Croft |