£183,264
This estimated value is based upon the latest sale price for the house of £124,000 on 13 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 13 Feb 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £124,000 results in an estimated price of approximately £183,264.
| 13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £124,000 | £59,264 | £183,264 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 88.869 % | £110,197 | £234,197 |
| 3 Month Average | 57.596 % | £71,418 | £195,418 |
| 6 Month Average | 59.131 % | £73,322 | £197,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £188,295 | £185,000 | 315 BUSHBURY LANE |
| 22 Sep 2023 | £192,461 | £190,000 | 133 ELSTON HALL LANE |
| 28 Jul 2023 | £187,524 | £185,000 | 115 ELSTON HALL LANE |
| 16 Jun 2023 | £177,146 | £175,000 | 16 CHARTWELL DRIVE |
| 23 Feb 2023 | £164,889 | £165,000 | 24 SANDY LANE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Oct 2014. Using an estimated price of £183,265 means this house is valued at £3,457 per sq meter (£321 per sq foot).
The average size of a house on CHARTWELL DRIVE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Hillcrest Avenue |
| Feb 2024 | Anti-social behaviour | On or near Hillcrest Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Hillcrest Avenue | |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |