£184,846
This estimated value is based upon the latest sale price for the house of £150,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 19 Oct 2018 |
| £114,000 | 24 Feb 2017 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £150,000 results in an estimated price of approximately £184,846.
| 19 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £150,000 | £34,846 | £184,846 |
The Postcode Pricing Model uses changes in average sales price within the B37 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 | 2.711 % | £4,066 | £154,066 |
| 3 Month Average | 23.262 % | £34,892 | £184,892 |
| 6 Month Average | 2.285 % | £3,427 | £153,427 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £192,592 | £190,000 | 8 KINGSHURST WAY |
| 14 Jun 2023 | £71,871 | £71,000 | FLAT 16 CHELSEA CHILVERS GROVE |
| 14 Jun 2023 | £88,067 | £87,000 | FLAT 10 CHELSEA CHILVERS GROVE |
| 14 Jun 2023 | £88,067 | £87,000 | FLAT 14 CHELSEA CHILVERS GROVE |
| 29 Apr 2022 | £202,356 | £196,500 | 40 KINGSHURST WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Jun 2018. Using an estimated price of £184,846 means this house is valued at £2,200 per sq meter (£204 per sq foot).
The average size of a house on KINGSHURST WAY is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hopwas Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hopwas Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hopwas Grove |
| Mar 2024 | Other crime | Under investigation | On or near Hurley Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hurley Grove |