£195,402
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Cheam Close
More crime details
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Price Paid | Date |
---|---|
£180,000 | 30 Sep 2021 |
£103,000 | 24 Jun 2004 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £180,000 results in an estimated price of approximately £195,402.
30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £180,000 | £15,402 | £195,402 |
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 | -3.989 % | £-7,179 | £172,820 |
3 Month Average | 3.545 % | £6,381 | £186,381 |
6 Month Average | 3.289 % | £5,919 | £185,919 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £256,511 | £250,000 | 13 CHEAM CLOSE |
16 Jun 2022 | £210,500 | £206,000 | 122 PROFFITT AVENUE |
28 Feb 2022 | £188,049 | £178,000 | 70 DUDLEY STREET |
7 Dec 2021 | £248,241 | £230,000 | 170 OLD CHURCH ROAD |
30 Sep 2021 | £195,402 | £180,000 | 154 PROFFITT AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Oct 2013. Using an estimated price of £195,402 means this house is valued at £2,791 per sq meter (£259 per sq foot).
The average size of a house on PROFFITT AVENUE is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Cheam Close |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cheam Close |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cheam Close |
Apr 2024 | Burglary | Under investigation | On or near Cheam Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cheam Close |