£240,894
This estimated value is based upon the latest sale price for the house of £195,000 on 29 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 29 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 688 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £195,000 results in an estimated price of approximately £240,894.
| 29 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £195,000 | £45,894 | £240,894 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 6.922 % | £13,497 | £208,497 |
| 3 Month Average | 31.796 % | £62,002 | £257,002 |
| 6 Month Average | 24.667 % | £48,099 | £243,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £117,048 | £115,000 | FLAT 11 100 CHATHAM ROAD |
| 13 Mar 2023 | £290,234 | £287,500 | 39 HAZEL CROFT |
| 28 Feb 2023 | £324,781 | £325,000 | 58 CHURCH ROAD |
| 10 Aug 2022 | £147,603 | £148,000 | 116 CHATHAM ROAD |
| 4 May 2022 | £239,513 | £235,000 | 122 GREAT STONE ROAD |
This house has a floor area of 63 sq meters or 688 sq feet when measured on 26 Aug 2010. Using an estimated price of £240,894 means this house is valued at £3,768 per sq meter (£350 per sq foot).
The average size of a house on GREAT STONE ROAD is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beech Farm Croft |
| Mar 2024 | Anti-social behaviour | On or near Beech Farm Croft | |
| Mar 2024 | Drugs | Under investigation | On or near Beech Farm Croft |
| Feb 2024 | Anti-social behaviour | On or near Beech Farm Croft | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Farm Croft |