£418,233
This estimated value is based upon the latest sale price for the house of £140,000 on 26 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 26 Apr 2002 |
| Terraced |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 April 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £140,000 results in an estimated price of approximately £418,233.
| 26 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £140,000 | £278,233 | £418,233 |
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 | 109.841 % | £153,776 | £293,776 |
| 3 Month Average | 268.888 % | £376,442 | £516,442 |
| 6 Month Average | 271.209 % | £379,692 | £519,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £322,405 | £318,500 | 1 CHALGROVE AVENUE |
| 27 Jul 2022 | £210,567 | £210,000 | 31 GLENMORE DRIVE |
| 27 May 2022 | £170,207 | £167,000 | 224 THE FAIRWAY |
| 13 May 2022 | £208,937 | £205,000 | 16 GLENMORE DRIVE |
| 20 Aug 2021 | £176,267 | £158,000 | 120 REDNAL ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 24 Jun 2014. Using an estimated price of £418,234 means this house is valued at £4,402 per sq meter (£409 per sq foot).
The average size of a house on CHALGROVE AVENUE is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Muirfield Gardens |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Muirfield Gardens |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Muirfield Gardens |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Muirfield Gardens |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Muirfield Gardens |