£75,838
This estimated value is based upon the latest sale price for the house of £21,050 on 19 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 |
|---|---|
| £21,050 | 19 Dec 2000 |
| £19,000 | 17 Apr 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 £21,050 results in an estimated price of approximately £75,838.
| 19 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £21,050 | £54,788 | £75,838 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 216.493 % | £45,571 | £66,621 |
| 3 Month Average | 228.627 % | £48,125 | £69,175 |
| 6 Month Average | 275.222 % | £57,934 | £78,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £183,205 | £180,000 | 153 LAPWORTH ROAD |
| 24 Mar 2023 | £104,989 | £104,000 | 35 HENLEY ROAD |
| 15 Feb 2023 | £124,916 | £125,000 | 16 CHERRY BROOK WAY |
| 24 Nov 2022 | £113,624 | £115,000 | 6 FUCHSIA CLOSE |
| 12 Jul 2022 | £237,640 | £237,000 | 28 MELODY CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Mar 2017. Using an estimated price of £75,839 means this house is valued at £1,149 per sq meter (£106 per sq foot).
The average size of a house on CHERRY BROOK WAY is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherrybrook Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrybrook Way |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cherrybrook Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrybrook Way |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cherrybrook Way |