£185,795
This estimated value is based upon the latest sale price for the house of £107,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £107,000 | 16 Dec 2011 |
| £93,000 | 1 Oct 2004 |
| £55,000 | 4 Jul 2001 |
| £27,000 | 17 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 810 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 December 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £107,000 results in an estimated price of approximately £185,795.
| 16 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £107,000 | £78,795 | £185,795 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 51.349 % | £54,943 | £161,943 |
| 3 Month Average | 49.149 % | £52,589 | £159,589 |
| 6 Month Average | 61.707 % | £66,026 | £173,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £198,000 | £198,000 | 32 STOURBRIDGE ROAD |
| 12 Apr 2024 | £206,796 | £205,000 | 14 WHITEFRIARS DRIVE |
| 28 Mar 2024 | £184,078 | £181,250 | 5 VICTORIA STREET |
| 18 Dec 2023 | £242,450 | £235,000 | 116B OLD HAWNE LANE |
| 27 Oct 2023 | £153,486 | £150,000 | 44 STOURBRIDGE ROAD |
This house has a floor area of 75 sq meters or 810 sq feet when measured on 24 Sep 2011. Using an estimated price of £185,796 means this house is valued at £2,466 per sq meter (£229 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Victoria Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Street |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Street |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Victoria Street |