£418,241
This estimated value is based upon the latest sale price for the house of £335,100 on 12 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £335,100 | 12 Mar 2018 |
| £335,100 | 12 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £335,100 results in an estimated price of approximately £418,241.
| 12 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £335,100 | £83,141 | £418,241 |
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 | 65.147 % | £218,306 | £553,406 |
| 3 Month Average | 17.973 % | £60,228 | £395,328 |
| 6 Month Average | 18.252 % | £61,164 | £396,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £327,127 | £330,000 | APARTMENT 266 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
| 24 Jun 2022 | £318,225 | £315,000 | APARTMENT 141 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
| 22 Apr 2022 | £323,077 | £315,000 | APARTMENT 180 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
| 6 Dec 2021 | £288,104 | £270,000 | APARTMENT 359 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
| 29 Sep 2021 | £321,972 | £300,000 | APARTMENT 43 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 7 Sep 2017. Using an estimated price of £418,242 means this house is valued at £3,456 per sq meter (£321 per sq foot).
The average size of a house on CHESTER ROAD is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fernwood Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernwood Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernwood Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fernwood Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fosseway Drive |