£370,266
This estimated value is based upon the latest sale price for the house of £298,000 on 24 Jul 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 Cherry Lane
More crime details
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Price Paid | Date |
---|---|
£298,000 | 24 Jul 2019 |
Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 2019 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £298,000 results in an estimated price of approximately £370,266.
24 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £298,000 | £72,266 | £370,266 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -8.844 % | £-26,355 | £271,644 |
3 Month Average | 3.208 % | £9,560 | £307,560 |
6 Month Average | 27.017 % | £80,510 | £378,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £297,553 | £290,000 | 39 ANSTEY FIELDS |
6 Apr 2023 | £157,954 | £155,000 | APARTMENT 9 563 CHESTER ROAD |
24 Mar 2023 | £269,501 | £265,000 | 31 ENSTONE ROAD |
1 Nov 2022 | £184,139 | £185,000 | 48 ANSTEY FIELDS |
22 Sep 2022 | £209,860 | £210,000 | 29 CHERRY LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 4 Jun 2018. Using an estimated price of £370,266 means this house is valued at £3,856 per sq meter (£358 per sq foot).
The average size of a house on CHERRY LANE is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Lane |
May 2024 | Anti-social behaviour | On or near Cherry Lane | |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Lane |
May 2024 | Anti-social behaviour | On or near Cherry Lane | |
May 2024 | Anti-social behaviour | On or near Cherry Lane |