£141,715
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 30 Oct 2018 |
| £85,000 | 22 Apr 2005 |
| £50,000 | 20 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £115,000 results in an estimated price of approximately £141,715.
| 30 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £115,000 | £26,715 | £141,715 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 63.030 % | £72,484 | £187,484 |
| 3 Month Average | 27.460 % | £31,579 | £146,579 |
| 6 Month Average | 28.152 % | £32,374 | £147,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £213,740 | £210,000 | 31 BAOBAB DRIVE |
| 27 Jul 2023 | £174,347 | £172,000 | 29 CHORLEY GARDENS |
| 17 Mar 2023 | £225,626 | £223,500 | 28 BAOBAB DRIVE |
| 23 Jun 2022 | £134,399 | £132,500 | 8 CHEM ROAD |
| 29 Nov 2021 | £183,857 | £170,000 | 85 MILLFIELDS ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 13 Jan 2015. Using an estimated price of £141,716 means this house is valued at £2,323 per sq meter (£215 per sq foot).
The average size of a house on STANLEY PLACE is 95 sq meters (1,022 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Place |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stom Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stom Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stom Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Stom Road |