£168,410
This estimated value is based upon the latest sale price for the house of £117,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,000 | 24 Jul 2015 |
| £125,000 | 30 Apr 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £117,000 results in an estimated price of approximately £168,410.
| 24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £117,000 | £51,410 | £168,410 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -7.516 % | £-8,793 | £108,206 |
| 3 Month Average | 31.357 % | £36,688 | £153,688 |
| 6 Month Average | 54.008 % | £63,189 | £180,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £506,476 | £500,000 | 15 HOLLYHEDGE ROAD |
| 2 Jun 2023 | £288,495 | £285,000 | 120 STANLEY ROAD |
| 24 Feb 2023 | £246,834 | £247,000 | 53 ALTON GROVE |
| 1 Jul 2022 | £225,607 | £225,000 | 70 STANLEY ROAD |
| 30 May 2022 | £285,377 | £280,000 | 71 ALTON GROVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 12 May 2014. Using an estimated price of £168,411 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on STANLEY ROAD is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alton Grove |
| Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Lyndhurst Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lyndhurst Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lyndhurst Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Lyndhurst Road |