£364,005
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£300,000 | 25 Mar 2020 |
Terraced |
Freehold |
Floor Area: 128 sq meters or 1,377 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £300,000 results in an estimated price of approximately £364,005.
25 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £300,000 | £64,005 | £364,005 |
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 | -15.737 % | £-47,209 | £252,790 |
3 Month Average | 19.192 % | £57,575 | £357,575 |
6 Month Average | 18.630 % | £55,889 | £355,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £239,316 | £235,000 | 60 MAX ROAD |
2 Jun 2023 | £242,867 | £238,000 | 44 CEDARS AVENUE |
27 Jan 2023 | £265,710 | £265,000 | 64 SOUTHBANK ROAD |
24 Nov 2022 | £174,186 | £175,000 | 10 THE LIMES SOUTHBANK ROAD |
24 Jun 2022 | £238,089 | £233,000 | 12 SCOTS LANE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 13 Sep 2019. Using an estimated price of £364,006 means this house is valued at £2,843 per sq meter (£264 per sq foot).
The average size of a house on CEDARS AVENUE is 83 sq meters (894 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Courtland Avenue |
Jul 2024 | Anti-social behaviour | On or near Courtland Avenue | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Courtland Avenue |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Courtland Avenue |
Jun 2024 | Drugs | Local resolution | On or near Courtland Avenue |