£216,897
This estimated value is based upon the latest sale price for the house of £215,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 25 Aug 2023 |
| £143,000 | 21 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2023 the House Price Index for WEST MIDLANDS was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £215,000 results in an estimated price of approximately £216,897.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £215,000 | £1,897 | £216,897 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -28.455 % | £-61,178 | £153,821 |
| 3 Month Average | -26.191 % | £-56,310 | £158,689 |
| 6 Month Average | -7.525 % | £-16,178 | £198,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £355,260 | £350,000 | 27 EXMOOR GREEN |
| 25 Aug 2023 | £216,897 | £215,000 | 10 CHESTNUT GROVE |
| 18 Aug 2023 | £227,087 | £225,100 | 28 ORCHARD ROAD |
| 28 Jul 2023 | £286,861 | £283,000 | 58 LOWER PRESTWOOD ROAD |
| 28 Apr 2023 | £148,095 | £146,500 | 2 CHERRY GROVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 30 May 2020. Using an estimated price of £216,897 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on CHESTNUT GROVE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bellamy Lane |
| Apr 2024 | Vehicle crime | Under investigation | On or near Anston Way |
| Mar 2024 | Anti-social behaviour | On or near Anston Way | |
| Mar 2024 | Anti-social behaviour | On or near Anston Way | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anston Way |