£166,355
This estimated value is based upon the latest sale price for the house of £135,000 on 5 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 5 Nov 2018 |
| £77,500 | 23 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £135,000 results in an estimated price of approximately £166,355.
| 5 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £135,000 | £31,355 | £166,355 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 18.414 % | £24,859 | £159,859 |
| 3 Month Average | -4.426 % | £-5,974 | £129,025 |
| 6 Month Average | 11.043 % | £14,908 | £149,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £91,603 | £90,000 | 32 MILLS WALK |
| 15 Dec 2023 | £178,116 | £175,000 | 75 SYCAMORE ROAD |
| 17 Nov 2023 | £185,750 | £183,000 | 57 LABURNUM ROAD |
| 1 Jul 2022 | £222,599 | £222,000 | 11 CECIL TERRACE |
| 21 Jun 2022 | £160,265 | £158,000 | 1 SYCAMORE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Jul 2018. Using an estimated price of £166,356 means this house is valued at £2,343 per sq meter (£217 per sq foot).
The average size of a house on CHERRY ROAD is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cherry Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cherry Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cherry Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cherry Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cherry Road |