£177,404
This estimated value is based upon the latest sale price for the house of £117,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,000 | 12 Sep 2014 |
| £124,950 | 10 Aug 2007 |
| £53,000 | 28 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 95 sq meters or 1,022 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £117,000 results in an estimated price of approximately £177,404.
| 12 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £117,000 | £60,404 | £177,404 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | 13.812 % | £16,160 | £133,160 |
| 3 Month Average | 25.757 % | £30,135 | £147,135 |
| 6 Month Average | 42.334 % | £49,531 | £166,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £106,638 | £105,000 | 9 SANDFORD ROAD |
| 7 Mar 2024 | £345,305 | £340,000 | 44 CHURCH ROAD |
| 1 Dec 2023 | £175,389 | £170,000 | 4 KINGSWOOD ROAD |
| 18 Sep 2023 | £191,215 | £187,000 | 34 KINGSWOOD ROAD |
| 17 Apr 2023 | £366,862 | £360,000 | 4 CHESTNUT ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 13 Mar 2020. Using an estimated price of £177,405 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on CHESTNUT ROAD is 144 sq meters (1,554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |
| Jul 2024 | Anti-social behaviour | On or near Chestnut Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |