£161,207
This estimated value is based upon the latest sale price for the house of £80,000 on 14 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£80,000 | 14 May 2004 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 565 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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £80,000 results in an estimated price of approximately £161,207.
14 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £80,000 | £81,207 | £161,207 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 95.792 % | £76,633 | £156,633 |
3 Month Average | 75.085 % | £60,067 | £140,067 |
6 Month Average | 96.098 % | £76,878 | £156,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £174,347 | £172,000 | 29 CHORLEY GARDENS |
14 Jun 2022 | £71,003 | £70,000 | 43 WESTON DRIVE |
29 Nov 2021 | £183,857 | £170,000 | 85 MILLFIELDS ROAD |
13 Sep 2021 | £347,524 | £322,500 | 58 WESTON DRIVE |
2 Aug 2021 | £382,098 | £342,500 | 2 CHORLEY GARDENS |
This house has a floor area of 52 sq meters or 565 sq feet when measured on 26 Feb 2010. Using an estimated price of £161,208 means this house is valued at £3,068 per sq meter (£285 per sq foot).
The average size of a house on CHORLEY GARDENS is 71 sq meters (770 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near A4039 |
Mar 2024 | Public order | Under investigation | On or near Stom Road |
Feb 2024 | Anti-social behaviour | On or near Stom Road | |
Feb 2024 | Anti-social behaviour | On or near Stom Road | |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Stom Road |