£181,094
This estimated value is based upon the latest sale price for the house of £136,000 on 20 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £136,000 | 20 Jul 2016 |
| £122,000 | 30 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £136,000 results in an estimated price of approximately £181,094.
| 20 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £136,000 | £45,094 | £181,094 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 90.027 % | £122,436 | £258,436 |
| 3 Month Average | 20.358 % | £27,686 | £163,686 |
| 6 Month Average | 16.900 % | £22,984 | £158,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £112,438 | £111,000 | 96A WINDMILL CRESCENT |
| 31 Jul 2023 | £203,742 | £201,000 | 56 WINDMILL CRESCENT |
| 28 Jul 2023 | £177,387 | £175,000 | 42 CHELMARSH AVENUE |
| 27 Jul 2023 | £268,615 | £265,000 | 78 WINDMILL CRESCENT |
| 14 Apr 2023 | £104,121 | £103,000 | 94A WINDMILL CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 18 Nov 2014. Using an estimated price of £181,094 means this house is valued at £2,663 per sq meter (£247 per sq foot).
The average size of a house on CHELMARSH AVENUE is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Chelmarsh Avenue | |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Chelmarsh Avenue |
| Dec 2023 | Anti-social behaviour | On or near Chelmarsh Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Chelmarsh Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Chelmarsh Avenue |