£209,300
This estimated value is based upon the latest sale price for the house of £210,000 on 31 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£210,000 | 31 Oct 2022 |
£38,000 | 15 Mar 1996 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £210,000 results in an estimated price of approximately £209,300.
31 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 149.7 | -0.333 % | £210,000 | £-699 | £209,300 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 12.450 % | £26,145 | £236,145 |
3 Month Average | 0.243 % | £510 | £210,510 |
6 Month Average | -2.787 % | £-5,852 | £204,147 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £224,499 | £220,000 | 16 RANGER DRIVE |
23 Feb 2023 | £151,009 | £150,000 | 319 - 321 STAFFORD ROAD |
31 Oct 2022 | £209,301 | £210,000 | 328 STAFFORD ROAD |
29 Jul 2022 | £318,188 | £315,000 | 355 STAFFORD ROAD |
22 Jul 2022 | £222,227 | £220,000 | 35 MERCURY DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 30 Jun 2021. Using an estimated price of £209,301 means this house is valued at £2,093 per sq meter (£194 per sq foot).
The average size of a house on STAFFORD ROAD is 100 sq meters (1,085 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Ranger Drive | |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near Ranger Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranger Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranger Drive |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Europa Gardens |