£166,878
This estimated value is based upon the latest sale price for the house of £135,000 on 24 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 24 May 2019 |
| £124,500 | 17 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £135,000 results in an estimated price of approximately £166,878.
| 24 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £135,000 | £31,878 | £166,878 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 101.536 % | £137,073 | £272,073 |
| 3 Month Average | 56.181 % | £75,844 | £210,844 |
| 6 Month Average | 38.683 % | £52,222 | £187,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £223,918 | £220,000 | 7 ALCESTER DRIVE |
| 3 Nov 2023 | £213,156 | £210,000 | 3 ALCESTER DRIVE |
| 13 Mar 2023 | £208,969 | £207,000 | 32 MILCOTE DRIVE |
| 25 Jan 2023 | £258,781 | £260,000 | 15 SHOREHAM CLOSE |
| 12 May 2022 | £231,359 | £227,000 | 28 ALCESTER DRIVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 29 Sep 2012. Using an estimated price of £166,879 means this house is valued at £1,738 per sq meter (£161 per sq foot).
The average size of a house on CHILTERN DRIVE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alcester Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alcester Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Shoreham Close |
| Feb 2024 | Burglary | Under investigation | On or near Shoreham Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shoreham Close |