£798,844
This estimated value is based upon the latest sale price for the house of £600,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £600,000 | 26 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £600,000 results in an estimated price of approximately £798,844.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £600,000 | £198,844 | £798,844 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -3.566 % | £-21,393 | £578,606 |
| 3 Month Average | 12.914 % | £77,482 | £677,482 |
| 6 Month Average | 22.154 % | £132,926 | £732,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £1,065,779 | £1,050,000 | 6 THE MOORLANDS |
| 30 Aug 2023 | £2,295,078 | £2,275,000 | 50 HARTOPP ROAD |
| 23 Jun 2023 | £1,214,714 | £1,200,000 | 19 HARTOPP ROAD |
| 20 May 2022 | £1,172,085 | £1,150,000 | 4 STONELEIGH CLOSE |
| 14 Jan 2022 | £2,473,159 | £2,350,000 | 29F HARTOPP ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 29 Jan 2016. Using an estimated price of £798,845 means this house is valued at £6,051 per sq meter (£562 per sq foot).
The average size of a house on STONELEIGH CLOSE is 274 sq meters (2,952 sq feet).
This house is the smallest in the street with a floor area of 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parklands Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladywood Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladywood Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wentworth Road |