£329,519
This estimated value is based upon the latest sale price for the house of £285,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 18 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £285,000 results in an estimated price of approximately £329,519.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £285,000 | £44,519 | £329,519 |
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 | -22.296 % | £-63,543 | £221,456 |
| 3 Month Average | -14.760 % | £-42,066 | £242,933 |
| 6 Month Average | 6.154 % | £17,539 | £302,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £357,493 | £352,000 | 617 CHESTER ROAD |
| 23 Nov 2023 | £287,293 | £280,000 | 9 SHEFFIELD ROAD |
| 8 Sep 2023 | £145,712 | £142,500 | 78 TRIDENT CLOSE |
| 20 Jan 2023 | £341,412 | £340,500 | 391 BOLDMERE ROAD |
| 14 Nov 2022 | £81,618 | £82,000 | 52 TRIDENT CLOSE |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 24 Jan 2020. Using an estimated price of £329,520 means this house is valued at £1,734 per sq meter (£161 per sq foot).
The average size of a house on CHESTER ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Gravelly Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gravelly Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gravelly Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gravelly Lane |
| May 2024 | Drugs | Under investigation | On or near Gravelly Lane |