£123,160
This estimated value is based upon the latest sale price for the house of £122,000 on 9 Mar 2023. 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 Stony Lane
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| Price Paid | Date |
|---|---|
| £122,000 | 9 Mar 2023 |
| £39,000 | 12 Jul 2001 |
| £42,500 | 4 Jan 2001 |
| £24,000 | 15 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £122,000 results in an estimated price of approximately £123,160.
| 9 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £122,000 | £1,160 | £123,160 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -4.165 % | £-5,081 | £116,918 |
| 3 Month Average | -6.330 % | £-7,722 | £114,277 |
| 6 Month Average | -14.220 % | £-17,347 | £104,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £122,137 | £120,000 | 107 VICARAGE ROAD |
| 9 Mar 2023 | £123,160 | £122,000 | 7 LITTLE MOOR HILL |
| 16 Mar 2022 | £487,043 | £470,000 | 91 DEVONSHIRE ROAD |
| 9 Mar 2022 | £207,252 | £200,000 | 75 DEVONSHIRE ROAD |
| 22 Feb 2022 | £197,155 | £188,000 | 155 STONY LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 Oct 2015. Using an estimated price of £123,160 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on LITTLE MOOR HILL is 122 sq meters (1,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stony Lane |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Stony Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stony Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Stony Lane |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Stony Lane |