£320,114
This estimated value is based upon the latest sale price for the house of £262,000 on 19 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £262,000 | 19 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £262,000 results in an estimated price of approximately £320,114.
| 19 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £262,000 | £58,114 | £320,114 |
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 | 45.008 % | £117,920 | £379,920 |
| 3 Month Average | 9.959 % | £26,093 | £288,093 |
| 6 Month Average | 6.294 % | £16,489 | £278,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £372,279 | £367,500 | 71 CHURCH ROAD |
| 26 Jul 2023 | £277,626 | £275,000 | 71 BEECH ROAD |
| 7 Jul 2023 | £240,273 | £238,000 | 19 BEECH ROAD |
| 23 Feb 2023 | £318,494 | £320,000 | 8 SYCAMORE ROAD |
| 20 Jan 2023 | £297,388 | £300,000 | 9 BEECH ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 30 Mar 2019. Using an estimated price of £320,115 means this house is valued at £3,233 per sq meter (£300 per sq foot).
The average size of a house on CHESTER ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warden Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warden Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chester Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Sports/Recreation Area |