£251,068
This estimated value is based upon the latest sale price for the house of £57,500 on 30 Jul 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £57,500 | 30 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 627 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 July 1999 the House Price Index for WEST MIDLANDS was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £57,500 results in an estimated price of approximately £251,068.
| 30 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £57,500 | £193,568 | £251,068 |
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 | 281.296 % | £161,745 | £219,245 |
| 3 Month Average | 313.615 % | £180,328 | £237,828 |
| 6 Month Average | 335.107 % | £192,686 | £250,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £286,507 | £280,000 | 100 CEDARS AVENUE |
| 30 Mar 2023 | £226,787 | £223,000 | 96 SOUTHBANK ROAD |
| 20 Jan 2023 | £263,203 | £262,500 | 52 EVENLODE CRESCENT |
| 16 Jun 2022 | £172,181 | £168,500 | 87 EVENLODE CRESCENT |
| 6 Dec 2021 | £232,051 | £215,000 | 76 CEDARS AVENUE |
This house has a floor area of 58 sq meters or 627 sq feet when measured on 28 May 2009. Using an estimated price of £251,068 means this house is valued at £4,307 per sq meter (£400 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 | Unable to prosecute suspect | On or near Cedars Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Southbank Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |