£392,027
This estimated value is based upon the latest sale price for the house of £315,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £315,000 | 22 Mar 2019 |
| £210,000 | 11 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £315,000 results in an estimated price of approximately £392,027.
| 22 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £315,000 | £77,027 | £392,027 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 56.636 % | £178,404 | £493,404 |
| 3 Month Average | 14.172 % | £44,641 | £359,641 |
| 6 Month Average | 32.051 % | £100,960 | £415,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £237,651 | £234,000 | 3 GLENMORE DRIVE |
| 25 Mar 2024 | £253,901 | £250,000 | 5 GLENMORE DRIVE |
| 27 Jun 2023 | £325,013 | £318,500 | 1 CHALGROVE AVENUE |
| 27 Jul 2022 | £212,126 | £210,000 | 31 GLENMORE DRIVE |
| 27 May 2022 | £171,467 | £167,000 | 224 THE FAIRWAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 26 Nov 2014. Using an estimated price of £392,028 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on CHALGROVE AVENUE is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chalgrove Avenue |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Alderney Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Muirfield Gardens |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Muirfield Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Muirfield Gardens |