£205,959
This estimated value is based upon the latest sale price for the house of £200,000 on 21 Apr 2022. 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 Parking Area
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| Price Paid | Date |
|---|---|
| £200,000 | 21 Apr 2022 |
| £175,000 | 30 Jul 2021 |
| £145,000 | 16 Dec 2016 |
| Terraced |
| Leasehold |
| Floor Area: 100 sq meters or 1,080 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £200,000 results in an estimated price of approximately £205,959.
| 21 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £200,000 | £5,959 | £205,959 |
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 | -5.149 % | £-10,297 | £189,702 |
| 3 Month Average | -9.405 % | £-18,810 | £181,189 |
| 6 Month Average | 4.165 % | £8,329 | £208,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £222,849 | £220,000 | 215A STOURBRIDGE ROAD |
| 6 Sep 2023 | £194,487 | £192,000 | 88 GEORGE ROAD |
| 7 Jul 2023 | £175,360 | £173,000 | 71 GEORGE ROAD |
| 9 Jun 2023 | £212,575 | £210,000 | 94 GEORGE ROAD |
| 24 Apr 2023 | £187,014 | £185,000 | 98 GEORGE ROAD |
This house has a floor area of 100 sq meters or 1,080 sq feet when measured on 20 Oct 2008. Using an estimated price of £205,960 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stourbridge Road |