£145,462
This estimated value is based upon the latest sale price for the house of £140,000 on 18 May 2022. 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 | 18 May 2022 |
| £83,000 | 13 Mar 2017 |
| £74,000 | 9 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2022 the House Price Index for WEST MIDLANDS was 97.4.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 3.901%.Applying this 3.901% change to the original purchase price of £140,000 results in an estimated price of approximately £145,462.
| 18 May 2022 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.4 | 101.2 | 3.901 % | £140,000 | £5,462 | £145,462 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 100.863 % | £141,208 | £281,208 |
| 3 Month Average | 10.253 % | £14,353 | £154,353 |
| 6 Month Average | 15.447 % | £21,625 | £161,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2024 | £165,491 | £165,000 | 24 HANNAH ROAD |
| 1 Aug 2024 | £127,890 | £126,500 | 43 HANNAH ROAD |
| 24 May 2024 | £242,533 | £237,500 | 1 CHARNWOOD CLOSE |
| 10 May 2024 | £178,708 | £175,000 | 173 GREAT BRIDGE ROAD |
| 24 Mar 2023 | £161,489 | £157,500 | 15 ASHTREE GROVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 21 Apr 2016. Using an estimated price of £145,462 means this house is valued at £1,752 per sq meter (£162 per sq foot).
The average size of a house on CHARNWOOD CLOSE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashtree Grove |
| Dec 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ashtree Grove |
| Jan 2025 | Vehicle crime | Under investigation | On or near Charnwood Close |
| Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charnwood Close |
| Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charnwood Close |