£627,921
This estimated value is based upon the latest sale price for the house of £520,000 on 21 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £520,000 | 21 May 2020 |
| £350,000 | 21 May 2003 |
| £250,000 | 20 Jul 2001 |
| £170,000 | 23 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 206 sq meters or 2,217 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.754%.Applying this 20.754% change to the original purchase price of £520,000 results in an estimated price of approximately £627,921.
| 21 May 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 146.7 | 20.754 % | £520,000 | £107,921 | £627,921 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -38.247 % | £-198,881 | £321,118 |
| 3 Month Average | 19.703 % | £102,457 | £622,457 |
| 6 Month Average | 18.830 % | £97,915 | £617,915 |
This house has a floor area of 206 sq meters or 2,217 sq feet when measured on 1 Oct 2019.
The average size of a house on CHELTENHAM DRIVE is 221 sq meters (2,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Cheltenham Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheltenham Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lodge Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Lane |