£220,073
This estimated value is based upon the latest sale price for the house of £119,000 on 3 May 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,000 | 3 May 2005 |
| £47,000 | 5 Nov 1999 |
| Terraced |
| Freehold |
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 2005 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £119,000 results in an estimated price of approximately £220,073.
| 3 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £119,000 | £101,073 | £220,073 |
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 | 46.310 % | £55,108 | £174,108 |
| 3 Month Average | 68.835 % | £81,913 | £200,913 |
| 6 Month Average | 78.021 % | £92,845 | £211,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £220,673 | £218,000 | 116 CHEVERAL AVENUE |
| 8 Feb 2023 | £235,841 | £236,000 | 137 CHEVERAL AVENUE |
| 29 Apr 2022 | £216,258 | £210,000 | 181 CHEVERAL AVENUE |
| 10 Dec 2021 | £182,134 | £170,000 | 100 CHEVERAL AVENUE |
| 10 Dec 2021 | £192,848 | £180,000 | 89 GRANGEMOUTH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Villa Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Cheveral Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cheveral Avenue |