£82,793
This estimated value is based upon the latest sale price for the house of £50,000 on 17 Jul 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 17 Jul 2008 |
| £28,000 | 2 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2008 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £50,000 results in an estimated price of approximately £82,793.
| 17 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £50,000 | £32,793 | £82,793 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 86.731 % | £43,365 | £93,365 |
| 3 Month Average | 55.513 % | £27,756 | £77,756 |
| 6 Month Average | 58.689 % | £29,344 | £79,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £218,721 | £212,000 | 56 STANWAY ROAD |
| 2 Feb 2023 | £208,895 | £207,500 | 72 VICARAGE ROAD |
| 1 Jul 2022 | £171,721 | £170,000 | 54 CHARTLEY ROAD |
| 22 Apr 2022 | £244,832 | £236,000 | 22 GAYTON ROAD |
| 8 Apr 2022 | £164,950 | £159,000 | 68 VICARAGE ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 1 Jul 2016. Using an estimated price of £82,793 means this house is valued at £1,881 per sq meter (£174 per sq foot).
The average size of a house on CHARTLEY ROAD is 87 sq meters (938 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chartley Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanway Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanway Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Vicarage Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Road |