£241,623
This estimated value is based upon the latest sale price for the house of £197,500 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £197,500 | 12 Jul 2018 |
| £90,000 | 4 Oct 2002 |
| £49,000 | 24 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £197,500 results in an estimated price of approximately £241,623.
| 12 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £197,500 | £44,123 | £241,623 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 0.956 % | £1,887 | £199,387 |
| 3 Month Average | 23.957 % | £47,315 | £244,815 |
| 6 Month Average | 28.506 % | £56,300 | £253,800 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 14 Mar 2018.
The average size of a house on CEDAR AVENUE is 95 sq meters (1,025 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechfield Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maple Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Chad Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chad Road |