£188,624
This estimated value is based upon the latest sale price for the house of £141,995 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £141,995 | 30 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £141,995 results in an estimated price of approximately £188,624.
| 30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £141,995 | £46,629 | £188,624 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 41.058 % | £58,300 | £200,295 |
| 3 Month Average | 40.310 % | £57,238 | £199,233 |
| 6 Month Average | 48.369 % | £68,682 | £210,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £101,781 | £100,000 | 82 WELL LANE |
| 9 Nov 2023 | £113,683 | £112,000 | 58 GOLDSMITH ROAD |
| 14 Apr 2023 | £227,449 | £225,000 | 34 GOLDSMITH ROAD |
| 12 Aug 2022 | £157,576 | £158,000 | 33 SHEARWATER ROAD |
| 22 Jul 2022 | £213,575 | £213,000 | 33 CHAUCER ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 20 Sep 2016. Using an estimated price of £188,625 means this house is valued at £2,449 per sq meter (£227 per sq foot).
The average size of a house on CHAUCER ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Chaucer Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warbler Grove |
| Jan 2024 | Anti-social behaviour | On or near Warbler Grove | |
| Jan 2024 | Anti-social behaviour | On or near Warbler Grove | |
| Jan 2024 | Anti-social behaviour | On or near Warbler Grove |