£218,948
This estimated value is based upon the latest sale price for the house of £215,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 25 Aug 2023 |
| £143,000 | 21 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £215,000 results in an estimated price of approximately £218,948.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £215,000 | £3,948 | £218,948 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -10.495 % | £-22,565 | £192,434 |
| 3 Month Average | -13.616 % | £-29,275 | £185,724 |
| 6 Month Average | -4.858 % | £-10,444 | £204,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £164,000 | £164,000 | 5 CHERRY GROVE |
| 6 Jun 2024 | £245,000 | £245,000 | 18 LOWER PRESTWOOD ROAD |
| 22 Nov 2023 | £359,116 | £350,000 | 27 EXMOOR GREEN |
| 25 Oct 2023 | £219,997 | £215,000 | 24 LOWER PRESTWOOD ROAD |
| 25 Aug 2023 | £218,949 | £215,000 | 10 CHESTNUT GROVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 30 May 2020. Using an estimated price of £218,949 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on CHESTNUT GROVE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Orchard Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Road |
| Oct 2024 | Robbery | Under investigation | On or near Anston Way |
| Jul 2024 | Anti-social behaviour | On or near Anston Way | |
| Jul 2024 | Anti-social behaviour | On or near Anston Way |