£425,703
This estimated value is based upon the latest sale price for the house of £113,500 on 14 Apr 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £113,500 | 14 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,406 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 2000 the House Price Index for WEST MIDLANDS was 39.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 275.069%.Applying this 275.069% change to the original purchase price of £113,500 results in an estimated price of approximately £425,703.
| 14 Apr 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 146.7 | 275.069 % | £113,500 | £312,203 | £425,703 |
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 | 202.333 % | £229,647 | £343,147 |
| 3 Month Average | 188.803 % | £214,291 | £327,791 |
| 6 Month Average | 188.832 % | £214,324 | £327,824 |
This house has a floor area of 130 sq meters or 1,406 sq feet when measured on 8 Sep 2009.
The average size of a house on CHELMSLEY LANE is 123 sq meters (1,328 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wagstaff Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wagstaff Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Farm Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wood Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wood Lane |