£157,805
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Mar 2018. 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 Stanmore Road
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| Price Paid | Date |
|---|---|
| £125,000 | 16 Mar 2018 |
| £41,950 | 10 Jan 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 121 sq meters or 1,302 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 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £125,000 results in an estimated price of approximately £157,805.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £125,000 | £32,805 | £157,805 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -9.024 % | £-11,280 | £113,719 |
| 3 Month Average | 5.366 % | £6,707 | £131,707 |
| 6 Month Average | 35.019 % | £43,773 | £168,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £420,679 | £410,000 | 427 GILLOTT ROAD |
| 17 Nov 2022 | £298,604 | £300,000 | 11 STANMORE ROAD |
| 31 Oct 2022 | £269,101 | £270,000 | 8 STANMORE ROAD |
| 1 Jul 2022 | £454,555 | £450,000 | 70 STANMORE ROAD |
| 16 Feb 2022 | £343,349 | £325,000 | 48 STANMORE ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 25 Jul 2014. Using an estimated price of £157,806 means this house is valued at £1,304 per sq meter (£121 per sq foot).
The average size of a house on STANMORE ROAD is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Stanmore Road |
| Oct 2024 | Burglary | Under investigation | On or near Stanmore Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanmore Road |
| Oct 2024 | Anti-social behaviour | On or near Stanmore Road | |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stanmore Road |