£145,939
This estimated value is based upon the latest sale price for the house of £127,500 on 22 Jul 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,500 | 22 Jul 2021 |
| £120,000 | 7 Oct 2016 |
| £144,950 | 16 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| 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 2021 the House Price Index for WEST MIDLANDS was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £127,500 results in an estimated price of approximately £145,939.
| 22 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £127,500 | £18,439 | £145,939 |
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 | 144.489 % | £184,224 | £311,724 |
| 3 Month Average | 1.665 % | £2,123 | £129,623 |
| 6 Month Average | -7.547 % | £-9,621 | £117,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £127,410 | £125,000 | FLAT 3 HAZELMEAD COURT, 358 BOLDMERE ROAD |
| 20 Jul 2023 | £34,325 | £34,000 | 547 CHESTER ROAD |
| 12 Jul 2023 | £134,270 | £133,000 | APARTMENT 5 563 CHESTER ROAD |
| 6 Apr 2023 | £156,161 | £155,000 | APARTMENT 9 563 CHESTER ROAD |
| 18 Nov 2022 | £125,465 | £127,500 | FLAT 4 HAZELMEAD COURT, 358 BOLDMERE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Aug 2014. Using an estimated price of £145,940 means this house is valued at £2,146 per sq meter (£199 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 | Public order | Unable to prosecute suspect | On or near Firsholm Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Firsholm Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Lane |