£196,405
This estimated value is based upon the latest sale price for the house of £140,000 on 2 Nov 2015. 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 | 2 Nov 2015 |
| £135,000 | 14 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £140,000 results in an estimated price of approximately £196,405.
| 2 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £140,000 | £56,405 | £196,405 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 66.112 % | £92,556 | £232,556 |
| 3 Month Average | 57.950 % | £81,130 | £221,130 |
| 6 Month Average | 55.413 % | £77,577 | £217,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £81,143 | £79,300 | 68 CHATHAM ROAD |
| 12 Aug 2022 | £236,104 | £235,000 | 16 HAZEL CROFT |
| 24 Jun 2022 | £278,452 | £272,500 | 50 GREAT STONE ROAD |
| 13 Apr 2022 | £193,998 | £187,000 | 72 GREAT STONE ROAD |
| 2 Aug 2021 | £280,968 | £250,000 | 101 GREAT STONE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Jul 2019. Using an estimated price of £196,405 means this house is valued at £2,486 per sq meter (£230 per sq foot).
The average size of a house on GREAT STONE ROAD is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatham Road |
| Jul 2024 | Public order | Under investigation | On or near Chatham Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chatham Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatham Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Chatham Road |