£340,532
This estimated value is based upon the latest sale price for the house of £212,000 on 30 Apr 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cedar Drive
More crime details
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| Price Paid | Date |
|---|---|
| £212,000 | 30 Apr 2007 |
| Semi-Detached |
| Freehold |
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 2007 the House Price Index for WEST MIDLANDS was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £212,000 results in an estimated price of approximately £340,532.
| 30 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £212,000 | £128,532 | £340,532 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -31.463 % | £-66,702 | £145,297 |
| 3 Month Average | 28.038 % | £59,439 | £271,439 |
| 6 Month Average | 30.463 % | £64,581 | £276,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £379,598 | £375,000 | 87 GRANGE ROAD |
| 1 Apr 2022 | £430,456 | £418,000 | 31 GREENSIDE ROAD |
| 4 Feb 2022 | £356,556 | £340,000 | 4 CHESTNUT DRIVE |
| 20 Nov 2020 | £417,367 | £360,000 | 83 GRANGE ROAD |
| 17 Sep 2020 | £374,025 | £315,000 | 7 BEECHES DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Cedar Drive |
| Mar 2024 | Anti-social behaviour | On or near Greenside Road | |
| Mar 2024 | Burglary | Under investigation | On or near Poppy Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Poppy Lane |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Windsor Drive |