£344,159
This estimated value is based upon the latest sale price for the house of £237,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £237,000 | 19 Jun 2015 |
| £230,000 | 15 Jun 2007 |
| £118,500 | 17 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 June 2015 the House Price Index for WEST MIDLANDS was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £237,000 results in an estimated price of approximately £344,159.
| 19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £237,000 | £107,159 | £344,159 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 32.294 % | £76,536 | £313,536 |
| 3 Month Average | 45.443 % | £107,700 | £344,700 |
| 6 Month Average | 48.962 % | £116,040 | £353,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2022 | £4,047,022 | £4,090,597 | SOVEREIGN HOUSE RETIREMENT HOME CHELMARSH |
| 21 Jul 2022 | £175,472 | £175,000 | 4 WITNELL ROAD |
| 6 Jun 2022 | £195,767 | £193,000 | 17 CHELMARSH |
| 31 Mar 2022 | £162,952 | £157,250 | 7 CHELMARSH |
| 27 Oct 2021 | £431,526 | £390,000 | 27 WITNELL ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 8 Jan 2015. Using an estimated price of £344,159 means this house is valued at £3,018 per sq meter (£280 per sq foot).
The average size of a house on CHETTON AVENUE is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chetton Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chetton Avenue |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Chetton Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chetton Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chetton Avenue |