£322,299
This estimated value is based upon the latest sale price for the house of £240,000 on 31 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Mayfair
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| Price Paid | Date |
|---|---|
| £240,000 | 31 May 2016 |
| £178,500 | 2 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 917 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £240,000 results in an estimated price of approximately £322,299.
| 31 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £240,000 | £82,299 | £322,299 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 9.009 % | £21,620 | £261,620 |
| 3 Month Average | 18.868 % | £45,282 | £285,282 |
| 6 Month Average | 26.034 % | £62,480 | £302,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £346,429 | £342,000 | 35 DREW CRESCENT |
| 10 Aug 2023 | £398,486 | £395,000 | 64 STEVENS ROAD |
| 2 Jun 2023 | £490,947 | £485,000 | 80 STEVENS ROAD |
| 16 Aug 2022 | £344,074 | £345,000 | 30 SANDHURST AVENUE |
| 20 May 2022 | £310,857 | £305,000 | 57 SANDHURST AVENUE |
This house has a floor area of 85 sq meters or 917 sq feet when measured on 22 Oct 2009. Using an estimated price of £322,300 means this house is valued at £3,779 per sq meter (£351 per sq foot).
The average size of a house on STEVENS ROAD is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Mayfair |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfair |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buckbury Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckbury Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gauden Road |