£307,764
This estimated value is based upon the latest sale price for the house of £183,500 on 19 Apr 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £183,500 | 19 Apr 2013 |
| £72,000 | 5 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 April 2013 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £183,500 results in an estimated price of approximately £307,764.
| 19 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £183,500 | £124,264 | £307,764 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 31.908 % | £58,551 | £242,051 |
| 3 Month Average | 26.683 % | £48,962 | £232,462 |
| 6 Month Average | 47.135 % | £86,492 | £269,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £437,658 | £430,000 | 281 CHESTER ROAD |
| 28 Jul 2023 | £615,788 | £607,500 | 291 CHESTER ROAD |
| 14 Jul 2023 | £96,296 | £95,000 | FLAT 3 GRAHAM HOUSE CHESTER ROAD |
| 3 Feb 2023 | £375,247 | £375,500 | 49 GRANGE DRIVE |
| 25 Nov 2022 | £355,692 | £360,000 | 287 CHESTER ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 22 Oct 2012. Using an estimated price of £307,764 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on OLLISON DRIVE is 129 sq meters (1,394 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Drive |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Grange Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Drive |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Grange Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Drive |