£153,483
This estimated value is based upon the latest sale price for the house of £90,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Chatwell Grove
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| Price Paid | Date |
|---|---|
| £90,000 | 4 May 2012 |
| £78,000 | 15 Jul 2003 |
| £59,950 | 10 May 2002 |
| £45,500 | 21 Jan 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 May 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £90,000 results in an estimated price of approximately £153,483.
| 4 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £90,000 | £63,483 | £153,483 |
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 | 89.465 % | £80,518 | £170,518 |
| 3 Month Average | 59.594 % | £53,634 | £143,634 |
| 6 Month Average | 80.650 % | £72,585 | £162,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £187,396 | £185,000 | 1 BURNEL ROAD |
| 4 Aug 2023 | £186,633 | £185,000 | 279 ALWOLD ROAD |
| 14 Jul 2023 | £187,524 | £185,000 | 42 BURNEL ROAD |
| 2 Feb 2023 | £189,872 | £190,000 | 18 BURNEL ROAD |
| 3 Aug 2022 | £167,549 | £168,000 | 8 PENN GROVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Feb 2015. Using an estimated price of £153,484 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on ALWOLD ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chatwell Grove |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Chatwell Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatwell Grove |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Chatwell Grove |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chatwell Grove |