£171,107
This estimated value is based upon the latest sale price for the house of £118,000 on 21 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £118,000 | 21 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £118,000 results in an estimated price of approximately £171,107.
| 21 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £118,000 | £53,107 | £171,107 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 114.921 % | £135,606 | £253,606 |
| 3 Month Average | 34.239 % | £40,402 | £158,402 |
| 6 Month Average | 49.143 % | £57,988 | £175,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £165,072 | £160,000 | 3 CHERRY DRIVE |
| 4 Sep 2023 | £166,163 | £162,500 | 38 BLOSSOM GROVE |
| 8 Feb 2023 | £186,244 | £185,000 | 11 BLOSSOM GROVE |
| 22 Jul 2022 | £180,812 | £179,000 | 30 CLIFTON STREET |
| 14 Jun 2022 | £250,352 | £245,000 | 11 WESLEY CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Feb 2015. Using an estimated price of £171,107 means this house is valued at £2,165 per sq meter (£201 per sq foot).
The average size of a house on CHERRY DRIVE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heathfield Close |
| Jul 2024 | Burglary | Under investigation | On or near Wesley Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wesley Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waggon Street |
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Waggon Street |