£223,451
This estimated value is based upon the latest sale price for the house of £171,100 on 6 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £171,100 | 6 Dec 2016 |
| Freehold |
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 December 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £171,100 results in an estimated price of approximately £223,451.
| 6 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £171,100 | £52,351 | £223,451 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -74.715 % | £-127,837 | £43,262 |
| 3 Month Average | -9.055 % | £-15,492 | £155,607 |
| 6 Month Average | 4.688 % | £8,020 | £179,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £100,817 | £100,000 | UNIT 4 CHANCEL INDUSTRIAL ESTATE |
| 16 Mar 2023 | £291,576 | £290,000 | UNIT 1, 2 AND 3 STAMINA HOUSE CHANCEL INDUSTRIAL ESTATE |
| 1 Feb 2023 | £176,664 | £177,500 | 23 ASTBURY CLOSE |
| 29 Jul 2022 | £199,730 | £200,000 | 9 DEANSFIELD ROAD |
| 25 May 2022 | £142,112 | £140,000 | 23 OLD HEATH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Heath Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Old Heath Crescent |