£233,887
This estimated value is based upon the latest sale price for the house of £75,950 on 6 Feb 2002. 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 Redesdale Avenue
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| Price Paid | Date |
|---|---|
| £75,950 | 6 Feb 2002 |
| £56,000 | 6 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2002 the House Price Index for WEST MIDLANDS was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £75,950 results in an estimated price of approximately £233,887.
| 6 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £75,950 | £157,937 | £233,887 |
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 | 188.391 % | £143,083 | £219,033 |
| 3 Month Average | 222.074 % | £168,665 | £244,615 |
| 6 Month Average | 226.945 % | £172,364 | £248,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £179,432 | £177,500 | 79 REDESDALE AVENUE |
| 21 Nov 2022 | £227,247 | £230,000 | 76 REDESDALE AVENUE |
| 27 Jul 2022 | £220,594 | £220,000 | 38 REDESDALE AVENUE |
| 26 Jul 2022 | £250,675 | £250,000 | 39 LAVENDER AVENUE |
| 15 Jul 2022 | £248,168 | £247,500 | 57 LAVENDER AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Aug 2021. Using an estimated price of £233,888 means this house is valued at £2,960 per sq meter (£275 per sq foot).
The average size of a house on REDESDALE AVENUE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redesdale Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redesdale Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Redesdale Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Redesdale Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croome Close |