£185,229
This estimated value is based upon the latest sale price for the house of £150,000 on 6 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 6 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 865 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £150,000 results in an estimated price of approximately £185,229.
| 6 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £150,000 | £35,229 | £185,229 |
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 | -2.713 % | £-4,069 | £145,930 |
| 3 Month Average | 20.190 % | £30,285 | £180,285 |
| 6 Month Average | 24.505 % | £36,757 | £186,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £142,104 | £140,000 | 69 BEACON ROAD |
| 29 Aug 2023 | £193,695 | £192,000 | 46 ST LUKES ROAD |
| 21 Jul 2023 | £162,183 | £160,000 | 16A ST LUKES ROAD |
| 14 Apr 2023 | £176,905 | £175,000 | 48 ST LUKES ROAD |
| 25 Nov 2022 | £209,463 | £212,000 | 74 BEACON ROAD |
This house has a floor area of 80 sq meters or 865 sq feet when measured on 10 Oct 2008. Using an estimated price of £185,230 means this house is valued at £2,303 per sq meter (£214 per sq foot).
The average size of a house on CHERRY CLOSE is 71 sq meters (772 sq feet).
This house is the largest in the street with a floor area of 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Cherry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cherry Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Luke'S Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Luke'S Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Luke'S Road |