£110,509
This estimated value is based upon the latest sale price for the house of £85,000 on 20 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£85,000 | 20 Feb 2017 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £85,000 results in an estimated price of approximately £110,509.
20 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £85,000 | £25,509 | £110,509 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 15.033 % | £12,778 | £97,778 |
3 Month Average | 47.078 % | £40,015 | £125,015 |
6 Month Average | 45.668 % | £38,817 | £123,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Apr 2023 | £116,252 | £115,000 | 3 CHEPSTOW WAY |
6 Mar 2023 | £186,760 | £185,000 | 38 MULBERRY ROAD |
25 Nov 2022 | £207,487 | £210,000 | 27 ROCHE WAY |
3 Oct 2022 | £136,035 | £137,500 | 271 SNEYD LANE |
7 Jun 2022 | £131,863 | £130,000 | 22 CHEPSTOW WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Aug 2016. Using an estimated price of £110,509 means this house is valued at £1,513 per sq meter (£140 per sq foot).
The average size of a house on CHEPSTOW WAY is 80 sq meters (868 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chepstow Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chepstow Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chepstow Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Chepstow Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chepstow Road |