£199,440
This estimated value is based upon the latest sale price for the house of £141,750 on 19 Oct 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £141,750 | 19 Oct 2015 |
| £127,500 | 22 Feb 2013 |
| Terraced |
| Freehold |
| 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 October 2015 the House Price Index for WEST MIDLANDS was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £141,750 results in an estimated price of approximately £199,440.
| 19 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £141,750 | £57,690 | £199,440 |
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 | 23.795 % | £33,729 | £175,479 |
| 3 Month Average | 41.217 % | £58,425 | £200,175 |
| 6 Month Average | 47.069 % | £66,720 | £208,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £179,292 | £177,000 | 24 LILAC AVENUE |
| 2 Jun 2023 | £240,918 | £238,000 | 44 CEDARS AVENUE |
| 8 Jun 2022 | £215,039 | £212,000 | 16 SOUTHBANK ROAD |
| 29 Apr 2022 | £308,940 | £300,000 | 76 SOUTHBANK ROAD |
| 1 Apr 2022 | £265,173 | £257,500 | 20 CEDARS AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Aug 2012. Using an estimated price of £199,441 means this house is valued at £3,021 per sq meter (£280 per sq foot).
The average size of a house on CEDARS AVENUE is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedars Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cedars Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Avenue |
| Jan 2024 | Other theft | Under investigation | On or near Rose Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbank Road |