£191,923
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £150,000 | 31 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £150,000 results in an estimated price of approximately £191,923.
| 31 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £150,000 | £41,923 | £191,923 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 87.834 % | £131,751 | £281,751 |
| 3 Month Average | 44.153 % | £66,229 | £216,229 |
| 6 Month Average | 41.665 % | £62,496 | £212,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £249,000 | £249,000 | 4 CLAUSEN CLOSE |
| 21 Jun 2024 | £300,000 | £300,000 | 48 DOE BANK LANE |
| 10 Nov 2023 | £245,225 | £239,000 | 19 STANHOPE WAY |
| 22 Sep 2023 | £338,461 | £331,000 | 16 DOE BANK LANE |
| 4 Aug 2023 | £213,857 | £210,000 | 606 QUESLETT ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Jun 2017. Using an estimated price of £191,924 means this house is valued at £2,558 per sq meter (£237 per sq foot).
The average size of a house on STANHOPE WAY is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Stanhope Way |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brockwell Road |
| Sep 2024 | Criminal damage and arson | Awaiting court outcome | On or near Brockwell Road |
| Sep 2024 | Shoplifting | Unable to prosecute suspect | On or near Brockwell Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Brockwell Road |