£1,878,545
This estimated value is based upon the latest sale price for the house of £1,035,000 on 12 Jul 2005. 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 Chad Road
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| Price Paid | Date |
|---|---|
| £1,035,000 | 12 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 550 sq meters or 5,920 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 July 2005 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 81.502%.Applying this 81.502% change to the original purchase price of £1,035,000 results in an estimated price of approximately £1,878,545.
| 12 Jul 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 146.7 | 81.502 % | £1,035,000 | £843,545 | £1,878,545 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 38.430 % | £397,753 | £1,432,753 |
| 3 Month Average | -1.693 % | £-17,526 | £1,017,473 |
| 6 Month Average | 47.460 % | £491,207 | £1,526,207 |
This house has a floor area of 550 sq meters or 5,920 sq feet when measured on 25 Jul 2019.
The average size of a house on CHAD ROAD is 371 sq meters (3,995 sq feet).
This house is the largest in the street with a floor area of 550 sq meters (5,920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chad Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Hartley Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hartley Place |
| Mar 2024 | Burglary | Under investigation | On or near Hartley Place |
| Mar 2024 | Public order | Under investigation | On or near Hartley Place |