£508,159
This estimated value is based upon the latest sale price for the house of £430,000 on 27 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Chapel Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £430,000 | 27 Oct 2020 |
| Detached |
| Freehold |
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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £430,000 results in an estimated price of approximately £508,159.
| 27 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £430,000 | £78,159 | £508,159 |
The Postcode Pricing Model uses changes in average sales price within the CV5 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 | 15.724 % | £67,614 | £497,614 |
| 3 Month Average | 13.811 % | £59,386 | £489,386 |
| 6 Month Average | 8.789 % | £37,792 | £467,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £225,000 | £225,000 | 26 BURTON CLOSE |
| 8 Dec 2023 | £469,424 | £455,000 | 148 HAWKES MILL LANE |
| 20 Nov 2023 | £287,293 | £280,000 | 12 FRESHFIELD CLOSE |
| 15 Nov 2023 | £277,032 | £270,000 | 36 BURTON CLOSE |
| 4 Aug 2023 | £381,888 | £375,000 | 17 BURTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Chapel Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawkes Mill Lane |
| Oct 2024 | Anti-social behaviour | On or near Burton Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burton Close |