£205,449
This estimated value is based upon the latest sale price for the house of £165,500 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,500 | 30 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 961 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £165,500 results in an estimated price of approximately £205,449.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £165,500 | £39,949 | £205,449 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 118.587 % | £196,261 | £361,761 |
| 3 Month Average | 51.672 % | £85,517 | £251,017 |
| 6 Month Average | 35.410 % | £58,604 | £224,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2024 | £200,000 | £200,000 | 6 BEECHFIELD GROVE |
| 2 Jun 2023 | £224,499 | £220,000 | 16 ACACIA DRIVE |
| 26 Aug 2022 | £238,616 | £237,500 | 7 PARK CLOSE |
| 9 Jun 2022 | £240,133 | £235,000 | 14 PARK CLOSE |
| 14 Apr 2022 | £212,671 | £205,000 | 3 HOCKLEY ROAD |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 5 May 2010. Using an estimated price of £205,450 means this house is valued at £2,300 per sq meter (£213 per sq foot).
The average size of a house on CEDAR AVENUE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beechfield Grove |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Beechfield Grove |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chad Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chad Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Chad Road |