£223,317
This estimated value is based upon the latest sale price for the house of £217,500 on 24 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cheveral Avenue
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| Price Paid | Date |
|---|---|
| £217,500 | 24 May 2022 |
| £107,500 | 17 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £217,500 results in an estimated price of approximately £223,317.
| 24 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £217,500 | £5,817 | £223,317 |
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 | 13.873 % | £30,174 | £247,674 |
| 3 Month Average | 16.421 % | £35,715 | £253,215 |
| 6 Month Average | 9.693 % | £21,081 | £238,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £216,657 | £210,000 | 183 GRANGEMOUTH ROAD |
| 16 Mar 2023 | £162,717 | £160,000 | 251 CHEVERAL AVENUE |
| 12 Aug 2022 | £246,151 | £245,000 | 172 CHEVERAL AVENUE |
| 25 Jul 2022 | £196,974 | £195,000 | 145 GRANGEMOUTH ROAD |
| 31 May 2022 | £147,852 | £144,000 | 237 CHEVERAL AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 26 Nov 2021. Using an estimated price of £223,318 means this house is valued at £2,757 per sq meter (£256 per sq foot).
The average size of a house on CHEVERAL AVENUE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Cheveral Avenue |
| Sep 2024 | Burglary | Under investigation | On or near Cheveral Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheveral Avenue |
| Aug 2024 | Other crime | Under investigation | On or near Cheveral Avenue |