£191,486
This estimated value is based upon the latest sale price for the house of £180,000 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Chestnut Road
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| Price Paid | Date |
|---|---|
| £180,000 | 9 Sep 2021 |
| £150,100 | 31 May 2018 |
| £105,000 | 29 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £180,000 results in an estimated price of approximately £191,486.
| 9 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £180,000 | £11,486 | £191,486 |
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 | -7.438 % | £-13,388 | £166,611 |
| 3 Month Average | 9.355 % | £16,839 | £196,839 |
| 6 Month Average | 18.051 % | £32,491 | £212,491 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 May 2017.
The average size of a house on FOREST AVENUE is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Chestnut Road |
| Feb 2024 | Other crime | Under investigation | On or near Chestnut Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chestnut Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chestnut Road |