£238,681
This estimated value is based upon the latest sale price for the house of £167,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £167,000 | 28 Aug 2015 |
| £178,500 | 29 Jun 2007 |
| £92,000 | 8 Mar 2002 |
| £36,500 | 15 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 August 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £167,000 results in an estimated price of approximately £238,681.
| 28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £167,000 | £71,681 | £238,681 |
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 | 38.498 % | £64,290 | £231,290 |
| 3 Month Average | 47.713 % | £79,680 | £246,680 |
| 6 Month Average | 49.078 % | £81,959 | £248,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £93,255 | £92,000 | 80 SOUTHBANK ROAD |
| 30 Mar 2023 | £225,121 | £223,000 | 96 SOUTHBANK ROAD |
| 20 Jan 2023 | £261,269 | £262,500 | 52 EVENLODE CRESCENT |
| 16 Jun 2022 | £170,915 | £168,500 | 87 EVENLODE CRESCENT |
| 6 Dec 2021 | £230,346 | £215,000 | 76 CEDARS AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Mar 2013. Using an estimated price of £238,681 means this house is valued at £2,594 per sq meter (£241 per sq foot).
The average size of a house on CEDARS AVENUE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedars Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cedars Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southbank Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |