£161,187
This estimated value is based upon the latest sale price for the house of £85,000 on 19 Nov 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,000 | 19 Nov 2004 |
| £52,000 | 19 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2004 the House Price Index for WEST MIDLANDS was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £85,000 results in an estimated price of approximately £161,187.
| 19 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £85,000 | £76,187 | £161,187 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 95.229 % | £80,944 | £165,944 |
| 3 Month Average | 82.660 % | £70,260 | £155,260 |
| 6 Month Average | 86.999 % | £73,949 | £158,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £189,170 | £185,000 | 12 WARNER ROW |
| 2 Aug 2023 | £163,448 | £160,500 | 18 WARNER ROW |
| 1 Mar 2023 | £183,057 | £180,000 | 28 BELMONT ROAD |
| 10 Feb 2023 | £120,807 | £120,000 | 39 SILVERTON ROAD |
| 18 Jan 2023 | £250,670 | £250,000 | 3 ADAM ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Jun 2021. Using an estimated price of £161,188 means this house is valued at £2,014 per sq meter (£187 per sq foot).
The average size of a house on STONEY STANTON ROAD is 67 sq meters (730 sq feet).