£453,502
This estimated value is based upon the latest sale price for the house of £436,500 on 21 Jan 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 Station Avenue
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| Price Paid | Date |
|---|---|
| £436,500 | 21 Jan 2022 |
| £250,000 | 4 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £436,500 results in an estimated price of approximately £453,502.
| 21 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £436,500 | £17,002 | £453,502 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -61.489 % | £-268,397 | £168,102 |
| 3 Month Average | 21.866 % | £95,445 | £531,945 |
| 6 Month Average | 25.025 % | £109,233 | £545,733 |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 30 Nov 2018.
The average size of a house on STANMORE ROAD is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Station Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Station Avenue |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Station Avenue |