£292,008
This estimated value is based upon the latest sale price for the house of £270,000 on 23 Nov 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £270,000 | 23 Nov 2021 |
| £88,000 | 29 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2021 the House Price Index for WEST MIDLANDS was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £270,000 results in an estimated price of approximately £292,008.
| 23 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £270,000 | £22,008 | £292,008 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -76.267 % | £-205,921 | £64,078 |
| 3 Month Average | -9.714 % | £-26,226 | £243,773 |
| 6 Month Average | -13.380 % | £-36,125 | £233,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £178,562 | £177,000 | 8 CHURCH WALK |
| 30 Mar 2022 | £181,346 | £175,000 | 7 BECKMINSTER ROAD |
| 21 Jan 2022 | £281,519 | £267,500 | 6 CHURCH WALK |
| 14 Jan 2022 | £263,049 | £249,950 | 5 CEDAR GROVE |
| 26 Nov 2021 | £405,568 | £375,000 | ROBINS NEST, 2 CHURCH WALK |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Sep 2013. Using an estimated price of £292,009 means this house is valued at £2,393 per sq meter (£222 per sq foot).
The average size of a house on CEDAR GROVE is 102 sq meters (1,106 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Grove |
| Feb 2024 | Anti-social behaviour | On or near St Philips Grove | |
| Feb 2024 | Anti-social behaviour | On or near St Philips Grove | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Grove |