£274,498
This estimated value is based upon the latest sale price for the house of £59,999 on 20 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £59,999 | 20 Nov 1998 |
| Terraced |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 November 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 357.505%.Applying this 357.505% change to the original purchase price of £59,999 results in an estimated price of approximately £274,498.
| 20 Nov 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 146.7 | 357.505 % | £59,999 | £214,499 | £274,498 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 191.405 % | £114,841 | £174,840 |
| 3 Month Average | 243.991 % | £146,392 | £206,391 |
| 6 Month Average | 261.360 % | £156,813 | £216,812 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 May 2019.
The average size of a house on CHICHESTER DRIVE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Samuels Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Samuels Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Samuels Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clay Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Green |