£190,602
This estimated value is based upon the latest sale price for the house of £185,000 on 29 Jan 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 29 Jan 2024 |
| £90,000 | 11 Mar 2005 |
| £40,000 | 22 Jun 2004 |
| Terraced |
| 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 January 2024 the House Price Index for WEST MIDLANDS was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £185,000 results in an estimated price of approximately £190,602.
| 29 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.3 | 149.7 | 3.028 % | £185,000 | £5,602 | £190,602 |
The Postcode Pricing Model uses changes in average sales price within the B29 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 | 48.736 % | £90,160 | £275,160 |
| 3 Month Average | 22.174 % | £41,022 | £226,022 |
| 6 Month Average | -3.193 % | £-5,907 | £179,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £189,170 | £185,000 | 1 BURNEL ROAD |
| 31 Aug 2023 | £274,959 | £270,000 | 32 SWINFORD ROAD |
| 4 Aug 2023 | £188,398 | £185,000 | 279 ALWOLD ROAD |
| 14 Jun 2023 | £132,914 | £130,250 | 48 SWINFORD ROAD |
| 2 Feb 2023 | £191,278 | £190,000 | 18 BURNEL ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Oct 2017.
The average size of a house on ALWOLD ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chatwell Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chatwell Grove |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Chatwell Grove |
| Jul 2024 | Other crime | Under investigation | On or near Chatwell Grove |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chatwell Grove |