£132,283
This estimated value is based upon the latest sale price for the house of £101,000 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £101,000 | 17 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £101,000 results in an estimated price of approximately £132,283.
| 17 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £101,000 | £31,283 | £132,283 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 83.387 % | £84,220 | £185,220 |
| 3 Month Average | 56.894 % | £57,463 | £158,463 |
| 6 Month Average | 57.332 % | £57,905 | £158,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £131,139 | £130,000 | 51 CHAPEL STREET |
| 8 Dec 2023 | £121,741 | £118,000 | 73 GREENWAY ROAD |
| 10 Feb 2023 | £206,379 | £205,000 | THE BUNGALOW, 6 WARWICK STREET |
| 16 Aug 2022 | £180,846 | £180,000 | 34 STATION ROAD |
| 22 Mar 2022 | £182,688 | £175,000 | 26A CHAPEL STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Jul 2016. Using an estimated price of £132,283 means this house is valued at £1,717 per sq meter (£159 per sq foot).
The average size of a house on CHAPEL STREET is 108 sq meters (1,162 sq feet).
This house is the largest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Chapel Street | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Street |
| Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Bradley Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradley Street |