£165,535
This estimated value is based upon the latest sale price for the house of £100,000 on 6 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 6 Dec 2006 |
| £37,000 | 10 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £100,000 results in an estimated price of approximately £165,535.
| 6 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £100,000 | £65,535 | £165,535 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 3.632 % | £3,632 | £103,632 |
| 3 Month Average | 45.253 % | £45,253 | £145,253 |
| 6 Month Average | 76.356 % | £76,356 | £176,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £215,775 | £212,000 | 56 STANWAY ROAD |
| 18 Sep 2023 | £270,965 | £267,500 | 5 EBRINGTON ROAD |
| 21 Jun 2023 | £263,188 | £260,000 | 20 EBRINGTON ROAD |
| 1 Nov 2022 | £98,803 | £100,000 | 3 STANWAY GARDENS |
| 1 Jul 2022 | £170,459 | £170,000 | 54 CHARTLEY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Jul 2021. Using an estimated price of £165,536 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on STANWAY ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanway Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chartley Road |
| Mar 2024 | Anti-social behaviour | On or near Stanway Gardens | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stanway Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanway Gardens |