£297,748
This estimated value is based upon the latest sale price for the house of £242,000 on 31 Jan 2019. 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 |
|---|---|
| £242,000 | 31 Jan 2019 |
| £158,000 | 21 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £242,000 results in an estimated price of approximately £297,748.
| 31 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £242,000 | £55,748 | £297,748 |
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 | 6.447 % | £15,601 | £257,601 |
| 3 Month Average | 17.902 % | £43,322 | £285,322 |
| 6 Month Average | 20.569 % | £49,776 | £291,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £178,829 | £177,500 | 79 REDESDALE AVENUE |
| 21 Nov 2022 | £226,330 | £230,000 | 76 REDESDALE AVENUE |
| 27 Jul 2022 | £219,703 | £220,000 | 38 REDESDALE AVENUE |
| 26 Jul 2022 | £249,663 | £250,000 | 39 LAVENDER AVENUE |
| 15 Jul 2022 | £247,166 | £247,500 | 57 LAVENDER AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Oct 2017. Using an estimated price of £297,749 means this house is valued at £3,817 per sq meter (£354 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 |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Lavender Avenue |