£268,242
This estimated value is based upon the latest sale price for the house of £260,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£260,000 | 20 Dec 2023 |
£205,000 | 6 Jun 2011 |
£223,000 | 22 Jun 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 743 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 2023 the House Price Index for WEST MIDLANDS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £260,000 results in an estimated price of approximately £268,242.
20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £260,000 | £8,242 | £268,242 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 6.337 % | £16,475 | £276,475 |
3 Month Average | 11.749 % | £30,547 | £290,547 |
6 Month Average | -2.962 % | £-7,700 | £252,299 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £268,243 | £260,000 | 68 CHANCEL COURT |
15 Sep 2023 | £352,777 | £345,000 | 50 CHANCEL COURT |
3 Feb 2023 | £267,789 | £266,000 | 73 CHANCEL COURT |
24 Aug 2022 | £249,165 | £248,000 | 63 CHANCEL COURT |
8 Jul 2022 | £267,682 | £265,000 | 41 CHANCEL COURT |
This house has a floor area of 69 sq meters or 743 sq feet when measured on 5 Dec 2008. Using an estimated price of £268,243 means this house is valued at £3,884 per sq meter (£360 per sq foot).
The average size of a house on CHANCEL COURT is 80 sq meters (869 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Alderwood Place |
Nov 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alderwood Place |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Alderwood Place |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alderwood Place |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alderwood Place |