£109,008
This estimated value is based upon the latest sale price for the house of £59,000 on 6 Jan 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £59,000 | 6 Jan 2009 |
| £60,000 | 17 Dec 2008 |
| £60,000 | 17 Oct 2008 |
| £33,000 | 10 Mar 1995 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 2009 the House Price Index for WEST MIDLANDS was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £59,000 results in an estimated price of approximately £109,008.
| 6 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 149.7 | 84.760 % | £59,000 | £50,008 | £109,008 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 120.630 % | £71,171 | £130,171 |
| 3 Month Average | 111.949 % | £66,049 | £125,049 |
| 6 Month Average | 72.136 % | £42,560 | £101,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £172,653 | £170,000 | 3 LILAC ROAD |
| 25 Mar 2024 | £137,107 | £135,000 | 26 HARGREAVES STREET |
| 11 Sep 2023 | £435,602 | £426,000 | HAGAR HOUSE HICKMAN AVENUE |
| 6 Apr 2023 | £142,668 | £140,000 | 66 STOWHEATH LANE |
| 3 Mar 2023 | £132,208 | £130,000 | 108 STOWHEATH LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 2 Mar 2015. Using an estimated price of £109,008 means this house is valued at £1,197 per sq meter (£111 per sq foot).
The average size of a house on STOWHEATH LANE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stowheath Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stowheath Place |
| Jul 2024 | Public order | Formal action is not in the public interest | On or near Stowheath Place |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Bedford Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Street |