£358,188
This estimated value is based upon the latest sale price for the house of £75,500 on 16 Feb 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,500 | 16 Feb 1998 |
| £67,500 | 6 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 February 1998 the House Price Index for WEST MIDLANDS was 30.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 374.421%.Applying this 374.421% change to the original purchase price of £75,500 results in an estimated price of approximately £358,188.
| 16 Feb 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 146.7 | 374.421 % | £75,500 | £282,688 | £358,188 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 323.080 % | £243,925 | £319,425 |
| 3 Month Average | 241.906 % | £182,638 | £258,138 |
| 6 Month Average | 277.653 % | £209,628 | £285,128 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 15 Nov 2016.
The average size of a house on CHERRY TREE LANE is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollybank Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doran Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Doran Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxlea Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Foxlea Road |