£191,048
This estimated value is based upon the latest sale price for the house of £145,000 on 2 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 2 Nov 2016 |
| £119,000 | 8 Oct 2004 |
| £40,500 | 14 Aug 1997 |
| £38,950 | 14 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £145,000 results in an estimated price of approximately £191,048.
| 2 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £145,000 | £46,048 | £191,048 |
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 | 16.254 % | £23,567 | £168,567 |
| 3 Month Average | 35.100 % | £50,895 | £195,895 |
| 6 Month Average | 29.149 % | £42,265 | £187,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £131,684 | £130,000 | 66 TELFER ROAD |
| 25 Jul 2023 | £157,115 | £155,000 | 58 TELFER ROAD |
| 21 Jul 2023 | £196,140 | £193,500 | 128 TELFER ROAD |
| 24 Feb 2023 | £176,881 | £177,000 | 315 CHEVERAL AVENUE |
| 13 Jan 2023 | £207,025 | £208,000 | 78 TELFER ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 21 Oct 2013. Using an estimated price of £191,048 means this house is valued at £2,099 per sq meter (£195 per sq foot).
The average size of a house on CHEVERAL AVENUE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Grangemouth Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grangemouth Road |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Grangemouth Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grangemouth Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grangemouth Road |