£403,305
This estimated value is based upon the latest sale price for the house of £73,500 on 25 Oct 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £73,500 | 25 Oct 1996 |
| £73,500 | 25 Oct 1996 |
| Detached |
| 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 October 1996 the House Price Index for WEST MIDLANDS was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £73,500 results in an estimated price of approximately £403,305.
| 25 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £73,500 | £329,805 | £403,305 |
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 | 97.410 % | £71,596 | £145,096 |
| 3 Month Average | 251.496 % | £184,849 | £258,349 |
| 6 Month Average | 283.966 % | £208,714 | £282,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 30 May 2022 | £250,724 | £246,000 | 9 CHELSEA WAY |
| 23 Mar 2022 | £243,522 | £235,000 | 5 KINGSTON WAY |
| 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 | Unable to prosecute suspect | On or near Dubarry Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Dubarry Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buckingham Grove |