£334,922
This estimated value is based upon the latest sale price for the house of £342,000 on 1 Sep 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £342,000 | 1 Sep 2022 |
| £172,500 | 13 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 September 2022 the House Price Index for WEST MIDLANDS was 149.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.069%.Applying this -2.069% change to the original purchase price of £342,000 results in an estimated price of approximately £334,922.
| 1 Sep 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 146.7 | -2.069 % | £342,000 | £-7,077 | £334,922 |
The Postcode Pricing Model uses changes in average sales price within the B76 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 | 94.090 % | £321,787 | £663,787 |
| 3 Month Average | -1.696 % | £-5,800 | £336,199 |
| 6 Month Average | 7.127 % | £24,375 | £366,375 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 5 Aug 2020.
The average size of a house on STEPHENS ROAD is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Local resolution | On or near Springfield Road |
| Nov 2023 | Public order | Unable to prosecute suspect | On or near Springfield Road |
| Nov 2023 | Shoplifting | Unable to prosecute suspect | On or near Springfield Road |
| Nov 2023 | Robbery | Awaiting court outcome | On or near Springfield Road |
| Nov 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Springfield Road |