£283,042
This estimated value is based upon the latest sale price for the house of £235,000 on 30 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £235,000 | 30 Mar 2020 |
| £160,000 | 2 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £235,000 results in an estimated price of approximately £283,042.
| 30 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £235,000 | £48,042 | £283,042 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -32.398 % | £-76,134 | £158,865 |
| 3 Month Average | 9.424 % | £22,145 | £257,145 |
| 6 Month Average | 13.722 % | £32,246 | £267,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £314,015 | £310,000 | 1 REGENT CLOSE |
| 21 Jul 2023 | £344,638 | £340,000 | 11 GRANTLEY CRESCENT |
| 28 Apr 2023 | £358,864 | £355,000 | 14 ROSS DRIVE |
| 3 Mar 2023 | £287,711 | £285,000 | 12 CHELSEA WAY |
| 30 Jan 2023 | £293,617 | £295,000 | 18 BEVERLEY DRIVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 23 Aug 2019. Using an estimated price of £283,043 means this house is valued at £2,917 per sq meter (£271 per sq foot).
The average size of a house on CHELSEA WAY is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Chelsea Way |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Chelsea Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Regent Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regent Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Grove |