£170,772
This estimated value is based upon the latest sale price for the house of £115,000 on 10 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£115,000 | 10 Mar 2015 |
Flats/Maisonettes |
Freehold |
Floor Area: 65 sq meters or 705 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 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £115,000 results in an estimated price of approximately £170,772.
10 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £115,000 | £55,772 | £170,772 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 90.770 % | £104,384 | £219,384 |
3 Month Average | 45.835 % | £52,709 | £167,709 |
6 Month Average | 48.760 % | £56,073 | £171,073 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £198,043 | £195,000 | 16 BROADMEADOWS CLOSE |
24 Nov 2023 | £279,597 | £272,500 | 4 BYRON ROAD |
30 Oct 2023 | £173,951 | £170,000 | 17 KIPLING ROAD |
4 Sep 2023 | £122,705 | £120,000 | 13 DRYDEN CLOSE |
29 Jun 2023 | £133,679 | £131,000 | 8 CHAUCER AVENUE |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 31 Aug 2010. Using an estimated price of £170,773 means this house is valued at £2,604 per sq meter (£241 per sq foot).
The average size of a house on CHAUCER AVENUE is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kipling Road |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Kipling Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaucer Avenue |
Jul 2024 | Other theft | Under investigation | On or near Chaucer Avenue |
Jul 2024 | Other crime | Under investigation | On or near Chaucer Avenue |