£208,157
This estimated value is based upon the latest sale price for the house of £173,600 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £173,600 | 7 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £173,600 results in an estimated price of approximately £208,157.
| 7 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £173,600 | £34,557 | £208,157 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 71.619 % | £124,331 | £297,931 |
| 3 Month Average | 5.188 % | £9,006 | £182,606 |
| 6 Month Average | 35.332 % | £61,335 | £234,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £121,554 | £120,000 | 49 WEDGBURY CLOSE |
| 26 Jul 2023 | £126,705 | £125,000 | 23 WEDGBURY CLOSE |
| 19 Jun 2023 | £124,508 | £123,000 | 35 WEDGBURY CLOSE |
| 3 Mar 2023 | £211,997 | £210,000 | 6 CHERRY LANE |
| 28 Oct 2022 | £262,177 | £265,000 | 47 CHESTNUT STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 10 Dec 2019. Using an estimated price of £208,158 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on CHESTNUT ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lilac Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near College Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Yew Tree Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Road |