£107,120
This estimated value is based upon the latest sale price for the house of £22,750 on 15 May 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£22,750 | 15 May 1998 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 May 1998 the House Price Index for WEST MIDLANDS was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £22,750 results in an estimated price of approximately £107,120.
15 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 148.6 | 370.858 % | £22,750 | £84,370 | £107,120 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 127.044 % | £28,902 | £51,652 |
3 Month Average | 208.376 % | £47,405 | £70,155 |
6 Month Average | 261.236 % | £59,431 | £82,181 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £167,137 | £165,000 | 28 MARMION GROVE |
11 Aug 2023 | £136,191 | £135,000 | 138 IVANHOE STREET |
16 Jun 2023 | £152,852 | £151,000 | 10 WAVERLEY STREET |
18 Apr 2023 | £60,653 | £60,000 | 12 MARMION GROVE |
28 Nov 2022 | £138,324 | £140,000 | 105 IVANHOE STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Jun 2018. Using an estimated price of £107,120 means this house is valued at £1,322 per sq meter (£122 per sq foot).
The average size of a house on STOURBRIDGE ROAD is 98 sq meters (1,058 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Waverley Street |
Mar 2024 | Drugs | Under investigation | On or near Waverley Street |
Mar 2024 | Public order | Under investigation | On or near Waverley Street |
Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Waverley Street |
Feb 2024 | Public order | Under investigation | On or near Waverley Street |