£71,990
This estimated value is based upon the latest sale price for the house of £50,000 on 14 Aug 2015. 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 | 14 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £50,000 results in an estimated price of approximately £71,990.
| 14 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £50,000 | £21,990 | £71,990 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 45.396 % | £22,698 | £72,698 |
| 3 Month Average | 8.920 % | £4,460 | £54,460 |
| 6 Month Average | 23.902 % | £11,951 | £61,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2024 | £191,000 | £191,000 | 67 CHIPPERFIELD ROAD |
| 8 Dec 2023 | £227,490 | £220,500 | 103 CHIPPERFIELD ROAD |
| 1 Dec 2023 | £253,799 | £246,000 | 104 CHIPPERFIELD ROAD |
| 30 Aug 2023 | £234,224 | £230,000 | 20 FIRS FARM DRIVE |
| 15 Mar 2023 | £225,770 | £222,000 | 35 OAKDALE ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 7 May 2015. Using an estimated price of £71,990 means this house is valued at £888 per sq meter (£82 per sq foot).
The average size of a house on FIRS FARM DRIVE is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Drylea Grove |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Drylea Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drylea Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drylea Grove |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Chipperfield Road |