£92,037
This estimated value is based upon the latest sale price for the house of £53,500 on 25 Mar 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,500 | 25 Mar 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 March 2011 the House Price Index for WEST MIDLANDS was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £53,500 results in an estimated price of approximately £92,037.
| 25 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £53,500 | £38,537 | £92,037 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 25.178 % | £13,470 | £66,970 |
| 3 Month Average | 40.809 % | £21,833 | £75,333 |
| 6 Month Average | 50.380 % | £26,953 | £80,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £197,930 | £195,000 | 3 BECKBURY AVENUE |
| 10 Nov 2023 | £202,955 | £199,950 | 31 BOUNDARY WAY |
| 3 Feb 2023 | £205,861 | £206,000 | 16 STOURTON DRIVE |
| 30 Jun 2022 | £209,967 | £207,000 | 93 WARSTONES DRIVE |
| 13 May 2022 | £81,536 | £80,000 | 35A STOURTON DRIVE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 26 May 2020. Using an estimated price of £92,037 means this house is valued at £2,556 per sq meter (£237 per sq foot).
The average size of a house on STOURTON DRIVE is 76 sq meters (828 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Boundary Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Boundary Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Boundary Way |
| Feb 2024 | Other crime | Under investigation | On or near Boundary Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Boundary Way |