£304,881
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 2 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £245,000 results in an estimated price of approximately £304,881.
| 2 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.0 | 24.442 % | £245,000 | £59,881 | £304,881 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -28.767 % | £-70,478 | £174,521 |
| 3 Month Average | 17.248 % | £42,258 | £287,258 |
| 6 Month Average | 34.359 % | £84,180 | £329,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £127,410 | £125,000 | 22 HOBART POINT CHURCHFIELDS WAY |
| 1 Dec 2023 | £387,328 | £380,000 | 1 VALE STREET |
| 25 Aug 2023 | £271,652 | £270,000 | 6 ARBOR COURT |
| 10 Aug 2023 | £140,857 | £140,000 | 42 HOBART POINT CHURCHFIELDS WAY |
| 29 Jun 2023 | £247,003 | £245,000 | 32 VALE STREET |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 17 Oct 2017. Using an estimated price of £304,882 means this house is valued at £1,825 per sq meter (£169 per sq foot).
The average size of a house on CHURCH VALE is 94 sq meters (1,019 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near A4031 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellish Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Arbor Court |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbor Court |
| Feb 2024 | Anti-social behaviour | On or near Arbor Court |