£208,507
This estimated value is based upon the latest sale price for the house of £205,000 on 5 May 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 5 May 2023 |
| £84,950 | 29 Jan 2002 |
| £61,950 | 6 Oct 1999 |
| £61,950 | 6 Oct 1999 |
| Terraced |
| Freehold |
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 May 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £205,000 results in an estimated price of approximately £208,507.
| 5 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £205,000 | £3,507 | £208,507 |
The Postcode Pricing Model uses changes in average sales price within the B45 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 | -13.099 % | £-26,852 | £178,147 |
| 3 Month Average | 39.672 % | £81,328 | £286,328 |
| 6 Month Average | 22.463 % | £46,048 | £251,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £163,430 | £162,000 | 18 MITTEN AVENUE |
| 1 Jun 2022 | £175,987 | £173,500 | 60 REA FORDWAY |
| 26 Apr 2022 | £190,513 | £185,000 | 81 WIDE ACRES |
| 22 Apr 2022 | £168,372 | £163,500 | 80 REA FORDWAY |
| 10 Dec 2021 | £187,491 | £175,000 | 25 WIDE ACRES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chalybeate Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chalybeate Close |
| Dec 2023 | Anti-social behaviour | On or near Chalybeate Close | |
| Dec 2023 | Anti-social behaviour | On or near Chalybeate Close | |
| Dec 2023 | Anti-social behaviour | On or near Chalybeate Close |