£305,615
This estimated value is based upon the latest sale price for the house of £237,500 on 26 May 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £237,500 | 26 May 2017 |
| £200,000 | 18 Dec 2009 |
| £190,000 | 25 Oct 2007 |
| £145,000 | 21 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2017 the House Price Index for WEST MIDLANDS was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £237,500 results in an estimated price of approximately £305,615.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £237,500 | £68,115 | £305,615 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 1.249 % | £2,967 | £240,467 |
| 3 Month Average | 30.701 % | £72,914 | £310,414 |
| 6 Month Average | 31.044 % | £73,730 | £311,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £354,047 | £355,000 | 62 NORMAN AVENUE |
| 24 Aug 2022 | £257,408 | £258,101 | 75 AUBREY ROAD |
| 28 Apr 2022 | £350,132 | £340,000 | 59 WOLVERHAMPTON ROAD SOUTH |
| 6 Apr 2022 | £267,748 | £260,000 | 86 WOLVERHAMPTON ROAD SOUTH |
| 3 Feb 2022 | £249,065 | £237,500 | 68 AUBREY ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Sep 2013. Using an estimated price of £305,616 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on STANLEY AVENUE is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wolverhampton Road South |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wolverhampton Road South |
| Mar 2024 | Drugs | Under investigation | On or near Wolverhampton Road South |