£162,717
This estimated value is based upon the latest sale price for the house of £160,000 on 16 Mar 2023. 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 |
|---|---|
| £160,000 | 16 Mar 2023 |
| £142,500 | 9 Mar 2018 |
| £28,000 | 17 Feb 1995 |
| 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 March 2023 the House Price Index for WEST MIDLANDS was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £160,000 results in an estimated price of approximately £162,717.
| 16 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £160,000 | £2,717 | £162,717 |
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 | -7.537 % | £-12,059 | £147,940 |
| 3 Month Average | 4.500 % | £7,200 | £167,200 |
| 6 Month Average | 1.394 % | £2,230 | £162,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £143,646 | £140,000 | 50 TELFER ROAD |
| 17 Mar 2023 | £121,530 | £119,500 | 59 TELFER ROAD |
| 16 Mar 2023 | £162,717 | £160,000 | 251 CHEVERAL AVENUE |
| 12 Aug 2022 | £246,151 | £245,000 | 172 CHEVERAL AVENUE |
| 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 16 Mar 2020. Using an estimated price of £162,717 means this house is valued at £2,008 per sq meter (£186 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 | Burglary | Under investigation | On or near Cheveral Avenue |
| Sep 2024 | Vehicle crime | Under investigation | On or near Cheveral Avenue |
| Aug 2024 | Other crime | 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 |