£194,062
This estimated value is based upon the latest sale price for the house of £120,000 on 11 Jun 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 Ralph Road
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| Price Paid | Date |
|---|---|
| £120,000 | 11 Jun 2008 |
| £100,000 | 6 Feb 2004 |
| £69,500 | 7 Jun 2002 |
| £56,000 | 25 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 June 2008 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £120,000 results in an estimated price of approximately £194,062.
| 11 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.719 % | £120,000 | £74,062 | £194,062 |
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 | 38.182 % | £45,818 | £165,818 |
| 3 Month Average | 52.468 % | £62,961 | £182,961 |
| 6 Month Average | 57.408 % | £68,889 | £188,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £93,255 | £92,000 | 80 SOUTHBANK ROAD |
| 31 Mar 2023 | £238,245 | £236,000 | 113 SOUTHBANK ROAD |
| 30 Mar 2023 | £225,121 | £223,000 | 96 SOUTHBANK ROAD |
| 20 Mar 2023 | £181,712 | £180,000 | 11 RALPH ROAD |
| 12 Apr 2022 | £257,450 | £250,000 | 158 LAVENDER AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Jan 2020. Using an estimated price of £194,062 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on CEDARS AVENUE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Ralph Road |
| Feb 2024 | Burglary | Under investigation | On or near Ralph Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ralph Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ralph Road |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Ralph Road |