£385,332
This estimated value is based upon the latest sale price for the house of £390,000 on 11 Nov 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £390,000 | 11 Nov 2022 |
| £275,000 | 14 Oct 2016 |
| £185,000 | 4 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 November 2022 the House Price Index for WEST MIDLANDS was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £390,000 results in an estimated price of approximately £385,332.
| 11 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £390,000 | £-4,667 | £385,332 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -40.027 % | £-156,106 | £233,893 |
| 3 Month Average | -14.567 % | £-56,812 | £333,187 |
| 6 Month Average | -5.989 % | £-23,358 | £366,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £328,453 | £330,000 | APARTMENT 266 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
| 11 Nov 2022 | £385,332 | £390,000 | 329 CHESTER ROAD |
| 24 Jun 2022 | £319,515 | £315,000 | APARTMENT 141 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
| 22 Apr 2022 | £324,387 | £315,000 | APARTMENT 180 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
| 28 Jun 2021 | £316,513 | £295,000 | APARTMENT 32 NEW OSCOTT VILLAGE, 25 FOSSEWAY DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Feb 2016. Using an estimated price of £385,332 means this house is valued at £3,380 per sq meter (£314 per sq foot).
The average size of a house on CHESTER ROAD is 109 sq meters (1,182 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chester Road |
| Mar 2024 | Public order | Under investigation | On or near Warden Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Warden Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Warden Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Warden Road |