£354,019
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 23 Jul 2014 |
| £227,500 | 12 Jul 2007 |
| £221,000 | 5 Sep 2005 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £230,000 results in an estimated price of approximately £354,019.
| 23 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £230,000 | £124,019 | £354,019 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 40.245 % | £92,562 | £322,562 |
| 3 Month Average | 58.431 % | £134,390 | £364,390 |
| 6 Month Average | 65.568 % | £150,806 | £380,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £270,000 | £270,000 | 45 CHORLEY WAY |
| 20 Mar 2023 | £355,944 | £350,000 | 11 CHORLEY WAY |
| 20 May 2022 | £267,981 | £261,000 | 51 CHORLEY WAY |
| 23 Nov 2021 | £349,736 | £321,000 | 70 CHORLEY WAY |
| 27 Aug 2021 | £404,538 | £359,950 | 2 ANLEY WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 24 Jul 2013. Using an estimated price of £354,019 means this house is valued at £3,105 per sq meter (£288 per sq foot).
The average size of a house on CHORLEY WAY is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chorley Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chorley Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsford Road |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Anley Way |
| Apr 2024 | Burglary | Awaiting court outcome | On or near Anley Way |