£135,215
This estimated value is based upon the latest sale price for the house of £111,000 on 23 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £111,000 | 23 Jul 2020 |
| £81,500 | 13 Jul 2012 |
| £84,950 | 15 Apr 2005 |
| £67,950 | 29 Aug 2003 |
| £42,000 | 31 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 465 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £111,000 results in an estimated price of approximately £135,215.
| 23 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £111,000 | £24,215 | £135,215 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 80.320 % | £89,155 | £200,155 |
| 3 Month Average | 11.970 % | £13,286 | £124,286 |
| 6 Month Average | 24.420 % | £27,105 | £138,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £280,000 | £280,000 | 174 LICHFIELD ROAD |
| 3 May 2024 | £145,000 | £145,000 | 16 IVATT CLOSE |
| 20 Dec 2023 | £139,280 | £135,000 | 15 IVATT CLOSE |
| 29 Sep 2023 | £148,268 | £145,000 | 45 PELSALL LANE |
| 28 Apr 2023 | £228,270 | £224,000 | 136A LICHFIELD ROAD |
This house has a floor area of 43 sq meters or 465 sq feet when measured on 26 Jul 2011. Using an estimated price of £135,215 means this house is valued at £3,129 per sq meter (£290 per sq foot).
The average size of a house on STANIER CLOSE is 56 sq meters (605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanier Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stanier Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanier Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ivatt Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ivatt Close |