£117,090
This estimated value is based upon the latest sale price for the house of £32,500 on 21 Dec 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £32,500 | 21 Dec 2000 |
| £28,500 | 4 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 December 2000 the House Price Index for WEST MIDLANDS was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £32,500 results in an estimated price of approximately £117,090.
| 21 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £32,500 | £84,590 | £117,090 |
The Postcode Pricing Model uses changes in average sales price within the B9 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 | 461.017 % | £149,830 | £182,330 |
| 3 Month Average | 323.918 % | £105,273 | £137,773 |
| 6 Month Average | 340.401 % | £110,630 | £143,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £121,554 | £120,000 | 1 FORDROUGH AVENUE |
| 25 Feb 2022 | £262,174 | £250,000 | 266 CHERRYWOOD ROAD |
| 13 Dec 2021 | £71,311 | £66,560 | 332 CHERRYWOOD ROAD |
| 12 Jun 2020 | £163,487 | £135,000 | 29 PRIORYGATE WAY |
| 20 Apr 2020 | £136,875 | £111,500 | 322 CHERRYWOOD ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Aug 2019. Using an estimated price of £117,091 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on CHERRYWOOD ROAD is 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fordrough Avenue |
| Mar 2024 | Other crime | Under investigation | On or near Fordrough Avenue |
| Mar 2024 | Public order | Under investigation | On or near Fordrough Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fordrough Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fordrough Avenue |