£245,912
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 6 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £205,000 results in an estimated price of approximately £245,912.
| 6 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £205,000 | £40,912 | £245,912 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 11.112 % | £22,780 | £227,780 |
| 3 Month Average | -3.190 % | £-6,540 | £198,459 |
| 6 Month Average | 12.490 % | £25,605 | £230,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £211,285 | £210,000 | 27 STUDLEY CROFT |
| 24 Jul 2023 | £391,201 | £387,500 | 1 STUDLEY CROFT |
| 2 Jun 2023 | £302,452 | £300,000 | 11 GAYDON ROAD |
| 10 Feb 2023 | £328,447 | £330,000 | 20 MERIDEN RISE |
| 6 May 2022 | £294,376 | £290,000 | 8 STUDLEY CROFT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Apr 2019. Using an estimated price of £245,913 means this house is valued at £3,903 per sq meter (£362 per sq foot).
The average size of a house on STUDLEY CROFT is 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Studley Croft |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ventnor Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Valley Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Road |