£258,329
This estimated value is based upon the latest sale price for the house of £155,500 on 8 Aug 2008. 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 Pinewood Close
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| Price Paid | Date |
|---|---|
| £155,500 | 8 Aug 2008 |
| £151,000 | 22 May 2007 |
| £70,000 | 31 May 2006 |
| Semi-Detached |
| Leasehold |
| 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 August 2008 the House Price Index for WEST MIDLANDS was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £155,500 results in an estimated price of approximately £258,329.
| 8 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £155,500 | £102,829 | £258,329 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 6.029 % | £9,374 | £164,874 |
| 3 Month Average | 32.113 % | £49,935 | £205,435 |
| 6 Month Average | 38.708 % | £60,190 | £215,690 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 3 Jul 2017.
The average size of a house on CHERRY TREE AVENUE is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Pinewood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bell Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Avenue |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Lilac Avenue |
| Feb 2024 | Anti-social behaviour | On or near Bell Drive |