£213,573
This estimated value is based upon the latest sale price for the house of £140,000 on 22 Aug 2014. 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 Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 22 Aug 2014 |
| Terraced |
| Leasehold |
| Floor Area: 59 sq meters or 637 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 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £140,000 results in an estimated price of approximately £213,573.
| 22 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £140,000 | £73,573 | £213,573 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 17.926 % | £25,095 | £165,095 |
| 3 Month Average | 39.539 % | £55,354 | £195,354 |
| 6 Month Average | 52.577 % | £73,608 | £213,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £184,078 | £181,250 | 5 VICTORIA STREET |
| 18 Dec 2023 | £242,450 | £235,000 | 116B OLD HAWNE LANE |
| 15 Sep 2023 | £270,973 | £265,000 | 116 OLD HAWNE LANE |
| 7 Sep 2023 | £107,878 | £105,500 | 108 STOURBRIDGE ROAD |
| 29 Aug 2023 | £208,765 | £205,000 | 2 REGENT CLOSE |
This house has a floor area of 59 sq meters or 637 sq feet when measured on 1 Jun 2009. Using an estimated price of £213,574 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Oct 2024 | Shoplifting | Under investigation | On or near Victoria Street |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Victoria Street |