£188,968
This estimated value is based upon the latest sale price for the house of £152,000 on 30 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,000 | 30 Apr 2018 |
| £107,500 | 23 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,218 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £152,000 results in an estimated price of approximately £188,968.
| 30 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £152,000 | £36,968 | £188,968 |
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 | -3.615 % | £-5,494 | £146,505 |
| 3 Month Average | 23.605 % | £35,878 | £187,878 |
| 6 Month Average | 21.891 % | £33,273 | £185,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £220,746 | £220,000 | 95 GRANGEMOUTH ROAD |
| 15 Dec 2023 | £213,030 | £209,000 | 126 CHEVERAL AVENUE |
| 30 Jun 2023 | £219,782 | £218,000 | 116 CHEVERAL AVENUE |
| 8 Feb 2023 | £234,889 | £236,000 | 137 CHEVERAL AVENUE |
| 29 Apr 2022 | £215,385 | £210,000 | 181 CHEVERAL AVENUE |
This house has a floor area of 113 sq meters or 1,218 sq feet when measured on 19 Jul 2010. Using an estimated price of £188,968 means this house is valued at £1,668 per sq meter (£155 per sq foot).
The average size of a house on CHEVERAL AVENUE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Villa Road |
| Apr 2024 | Burglary | Under investigation | On or near Cheveral Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Cheveral Avenue |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Cheveral Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |