£575,325
This estimated value is based upon the latest sale price for the house of £345,000 on 21 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £345,000 | 21 Dec 2006 |
| £258,000 | 20 May 2002 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £345,000 results in an estimated price of approximately £575,325.
| 21 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £345,000 | £230,325 | £575,325 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -20.789 % | £-71,721 | £273,278 |
| 3 Month Average | 38.225 % | £131,875 | £476,875 |
| 6 Month Average | 47.402 % | £163,537 | £508,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £363,159 | £352,000 | 396 BIRMINGHAM ROAD |
| 29 Jun 2023 | £403,078 | £395,000 | 39 HOBART DRIVE |
| 17 Mar 2023 | £615,275 | £605,000 | 9 CHARLEMONT ROAD |
| 21 Oct 2022 | £301,991 | £303,000 | 5 CANBERRA ROAD |
| 28 Sep 2022 | £346,768 | £347,000 | 390 BIRMINGHAM ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 24 Oct 2017. Using an estimated price of £575,325 means this house is valued at £3,967 per sq meter (£368 per sq foot).
The average size of a house on CHARLEMONT ROAD is 181 sq meters (1,952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Canberra Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canberra Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellington Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newmore Gardens |