£428,784
This estimated value is based upon the latest sale price for the house of £248,000 on 28 Jul 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £248,000 | 28 Jul 2006 |
| £249,950 | 15 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 July 2006 the House Price Index for WEST MIDLANDS was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £248,000 results in an estimated price of approximately £428,784.
| 28 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £248,000 | £180,784 | £428,784 |
The Postcode Pricing Model uses changes in average sales price within the B15 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 | 16.899 % | £41,909 | £289,909 |
| 3 Month Average | -13.511 % | £-33,507 | £214,492 |
| 6 Month Average | 17.001 % | £42,163 | £290,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £123,833 | £122,000 | FLAT 25 WILSFORD GREEN, 4 OAK HILL DRIVE |
| 17 Mar 2023 | £360,395 | £357,000 | 22 BALCASKIE CLOSE |
| 12 Jan 2023 | £597,187 | £600,000 | 32 OAK HILL DRIVE |
| 29 Sep 2022 | £486,075 | £490,000 | 38 CHANCELLORS CLOSE |
| 6 Apr 2022 | £339,834 | £330,000 | 16 BERROW DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 30 Jun 2018. Using an estimated price of £428,785 means this house is valued at £4,513 per sq meter (£419 per sq foot).
The average size of a house on CHANCELLORS CLOSE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Chancellor'S Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chancellor'S Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Oak Hill Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Hill Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Hill Drive |