£387,494
This estimated value is based upon the latest sale price for the house of £83,000 on 12 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£83,000 | 12 Nov 1998 |
£55,750 | 24 Oct 1997 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 November 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £83,000 results in an estimated price of approximately £387,494.
12 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.861 % | £83,000 | £304,494 | £387,494 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 272.803 % | £226,426 | £309,426 |
3 Month Average | 277.406 % | £230,247 | £313,247 |
6 Month Average | 245.738 % | £203,962 | £286,962 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £232,015 | £230,000 | 165 CHESTER ROAD |
15 Mar 2024 | £299,603 | £295,000 | 207 CHESTER ROAD |
26 Aug 2022 | £304,423 | £303,000 | 135 CHESTER ROAD |
28 Jul 2022 | £434,352 | £430,000 | 24 KINETON ROAD |
7 Jun 2022 | £475,157 | £465,000 | 48 KINETON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Apr 2013. Using an estimated price of £387,495 means this house is valued at £5,457 per sq meter (£507 per sq foot).
The average size of a house on CHESTER ROAD is 109 sq meters (1,182 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Chester Gardens |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chester Gardens |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Gardens |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chester Gardens |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chester Gardens |