£178,409
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Nov 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 9 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2007 the House Price Index for WEST MIDLANDS was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £115,000 results in an estimated price of approximately £178,409.
| 9 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £115,000 | £63,409 | £178,409 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 14.936 % | £17,176 | £132,176 |
| 3 Month Average | 20.706 % | £23,812 | £138,812 |
| 6 Month Average | 35.486 % | £40,809 | £155,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £246,315 | £243,000 | 16 HARDWICKE WAY |
| 26 Jan 2023 | £164,226 | £165,000 | 18 BREDON AVENUE |
| 19 Aug 2022 | £204,450 | £205,000 | 12 CEMETERY ROAD |
| 24 May 2022 | £66,248 | £65,000 | UNIT 1AA TIMMIS ROAD |
| 18 Mar 2022 | £186,527 | £180,000 | 21 BREDON AVENUE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 3 Jan 2013. Using an estimated price of £178,409 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stourbridge Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stourbridge Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Stambermill Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stambermill Close |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lewis Road |