£265,173
This estimated value is based upon the latest sale price for the house of £257,500 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£257,500 | 1 Apr 2022 |
£47,000 | 5 Feb 1998 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £257,500 results in an estimated price of approximately £265,173.
1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £257,500 | £7,673 | £265,173 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | -7.935 % | £-20,432 | £237,067 |
3 Month Average | 8.505 % | £21,900 | £279,400 |
6 Month Average | 7.658 % | £19,720 | £277,220 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £240,918 | £238,000 | 44 CEDARS AVENUE |
27 Jan 2023 | £263,758 | £265,000 | 64 SOUTHBANK ROAD |
24 Nov 2022 | £172,906 | £175,000 | 10 THE LIMES SOUTHBANK ROAD |
8 Jun 2022 | £215,039 | £212,000 | 16 SOUTHBANK ROAD |
25 May 2022 | £208,937 | £205,000 | 7 COURTLAND AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Sep 2021. Using an estimated price of £265,173 means this house is valued at £3,273 per sq meter (£304 per sq foot).
The average size of a house on CEDARS AVENUE is 83 sq meters (894 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cedars Avenue |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedars Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cedars Avenue |
Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Laburnum Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Southbank Road |