£190,528
This estimated value is based upon the latest sale price for the house of £112,000 on 10 Oct 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Chester Close
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| Price Paid | Date |
|---|---|
| £112,000 | 10 Oct 2010 |
| £26,150 | 13 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 909 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 October 2010 the House Price Index for WEST MIDLANDS was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £112,000 results in an estimated price of approximately £190,528.
| 10 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £112,000 | £78,528 | £190,528 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 119.469 % | £133,804 | £245,804 |
| 3 Month Average | 85.983 % | £96,301 | £208,301 |
| 6 Month Average | 81.521 % | £91,303 | £203,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £171,032 | £168,500 | 46 RAVENSBOURNE GROVE |
| 21 Jun 2023 | £172,084 | £170,000 | 26 YORK AVENUE |
| 13 Jun 2023 | £164,493 | £162,500 | 29 RAVENSBOURNE GROVE |
| 9 Jun 2023 | £159,937 | £158,000 | 38 RAVENSBOURNE GROVE |
| 6 Feb 2023 | £229,845 | £230,000 | 3 WARWICK AVENUE |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 15 Oct 2008. Using an estimated price of £190,529 means this house is valued at £2,255 per sq meter (£209 per sq foot).
The average size of a house on LINCOLN AVENUE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Chester Close |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Chester Close |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Chester Close |
| Jan 2024 | Anti-social behaviour | On or near Chester Close | |
| Jan 2024 | Anti-social behaviour | On or near Chester Close |