£63,547
This estimated value is based upon the latest sale price for the house of £37,500 on 16 Aug 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £37,500 | 16 Aug 2010 |
| £18,500 | 28 Jul 2000 |
| £14,375 | 18 Aug 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 65 sq meters or 709 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 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £37,500 results in an estimated price of approximately £63,547.
| 16 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £37,500 | £26,047 | £63,547 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 50.244 % | £18,841 | £56,341 |
| 3 Month Average | 49.805 % | £18,676 | £56,176 |
| 6 Month Average | 73.848 % | £27,692 | £65,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £258,523 | £254,000 | 1 CASPIAN WAY |
| 12 Dec 2023 | £251,908 | £247,500 | 18 MAPPERLEY CLOSE |
| 22 Sep 2023 | £206,642 | £204,000 | 133 WIGSTON ROAD |
| 10 Feb 2023 | £249,832 | £250,000 | 3 CASPIAN WAY |
| 30 Jan 2023 | £221,457 | £222,500 | 1 MAPPERLEY CLOSE |
This house has a floor area of 65 sq meters or 709 sq feet when measured on 30 Mar 2010. Using an estimated price of £63,548 means this house is valued at £964 per sq meter (£89 per sq foot).
The average size of a house on CHACELEY CLOSE is 81 sq meters (882 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neal Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Neal Court |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Neal Court |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mapperley Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mapperley Close |