£207,117
This estimated value is based upon the latest sale price for the house of £197,500 on 7 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £197,500 | 7 Feb 2022 |
| £70,000 | 8 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £197,500 results in an estimated price of approximately £207,117.
| 7 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £197,500 | £9,617 | £207,117 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -55.468 % | £-109,548 | £87,951 |
| 3 Month Average | -10.399 % | £-20,538 | £176,961 |
| 6 Month Average | -0.746 % | £-1,472 | £196,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £177,267 | £175,000 | 6 EASTFIELD ROAD |
| 19 Jun 2023 | £101,226 | £100,000 | UNIT 4 CHANCEL INDUSTRIAL ESTATE |
| 16 Mar 2023 | £292,758 | £290,000 | UNIT 1, 2 AND 3 STAMINA HOUSE CHANCEL INDUSTRIAL ESTATE |
| 1 Feb 2023 | £177,381 | £177,500 | 23 ASTBURY CLOSE |
| 29 Jul 2022 | £200,540 | £200,000 | 9 DEANSFIELD ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 Dec 2021. Using an estimated price of £207,117 means this house is valued at £1,991 per sq meter (£185 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Chillington Fields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chillington Fields |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Old Heath Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Heath Crescent |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Old Heath Crescent |