£253,029
This estimated value is based upon the latest sale price for the house of £227,000 on 5 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £227,000 | 5 Oct 2021 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £227,000 results in an estimated price of approximately £253,029.
| 5 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £227,000 | £26,029 | £253,029 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 5.153 % | £11,696 | £238,696 |
| 3 Month Average | 9.891 % | £22,453 | £249,453 |
| 6 Month Average | 6.974 % | £15,831 | £242,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £182,000 | £182,000 | 73 STRATFORD STREET |
| 21 Mar 2024 | £167,067 | £164,500 | 85 SHAKESPEARE STREET |
| 20 Mar 2024 | £116,794 | £115,000 | 112 SHAKESPEARE STREET |
| 11 Oct 2023 | £169,858 | £166,000 | 78 STRATFORD STREET |
| 15 Aug 2023 | £162,939 | £160,000 | 71 SHAKESPEARE STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 16 Aug 2021. Using an estimated price of £253,030 means this house is valued at £2,581 per sq meter (£239 per sq foot).
The average size of a house on STRATFORD STREET is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stratford Street |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stratford Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near William Arnold Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near William Arnold Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near William Arnold Close |