£175,001
This estimated value is based upon the latest sale price for the house of £68,500 on 3 Dec 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£68,500 | 3 Dec 2002 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 667 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 December 2002 the House Price Index for WEST MIDLANDS was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £68,500 results in an estimated price of approximately £175,001.
3 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £68,500 | £106,501 | £175,001 |
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 | 139.593 % | £95,621 | £164,121 |
3 Month Average | 154.744 % | £105,999 | £174,499 |
6 Month Average | 166.597 % | £114,118 | £182,618 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £143,646 | £140,000 | 50 TELFER ROAD |
17 Mar 2023 | £121,530 | £119,500 | 59 TELFER ROAD |
16 Mar 2023 | £162,717 | £160,000 | 251 CHEVERAL AVENUE |
12 Aug 2022 | £246,151 | £245,000 | 172 CHEVERAL AVENUE |
31 May 2022 | £147,852 | £144,000 | 237 CHEVERAL AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 5 Jul 2019. Using an estimated price of £175,002 means this house is valued at £2,822 per sq meter (£262 per sq foot).
The average size of a house on CHEVERAL AVENUE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Cheveral Avenue |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Cheveral Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheveral Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |