£681,259
This estimated value is based upon the latest sale price for the house of £400,050 on 3 Sep 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £400,050 | 3 Sep 2012 |
| Detached |
| Leasehold |
| Floor Area: 156 sq meters or 1,679 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 2012 the House Price Index for WEST MIDLANDS was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £400,050 results in an estimated price of approximately £681,259.
| 3 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £400,050 | £281,209 | £681,259 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -0.981 % | £-3,923 | £396,126 |
| 3 Month Average | 60.756 % | £243,054 | £643,104 |
| 6 Month Average | 55.675 % | £222,727 | £622,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 May 2022 | £652,291 | £640,000 | 6 BRAEMAR ROAD |
| 29 Nov 2021 | £551,572 | £510,000 | 35 STONEHOUSE ROAD |
| 27 Aug 2021 | £635,901 | £570,000 | 6 MATFEN AVENUE |
| 20 Aug 2021 | £189,655 | £170,000 | 10 BOLDMERE ROAD |
| 28 Jun 2021 | £509,639 | £475,000 | 31 MORVEN ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 22 Jun 2012. Using an estimated price of £681,260 means this house is valued at £4,367 per sq meter (£405 per sq foot).
The average size of a house on STONEHOUSE ROAD is 143 sq meters (1,540 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Matfen Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Matfen Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corbridge Road |
| Jan 2024 | Public order | Offender given a caution | On or near Sports/Recreation Area |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Stonehouse Road |