£648,286
This estimated value is based upon the latest sale price for the house of £479,950 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £479,950 | 31 Mar 2016 |
| £457,000 | 25 May 2006 |
| £152,000 | 26 May 1995 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,249 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £479,950 results in an estimated price of approximately £648,286.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £479,950 | £168,336 | £648,286 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -33.398 % | £-160,295 | £319,654 |
| 3 Month Average | 24.651 % | £118,311 | £598,261 |
| 6 Month Average | 31.593 % | £151,631 | £631,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £348,755 | £345,000 | 94 COURT CRESCENT |
| 28 Feb 2023 | £624,580 | £625,000 | 7 CLEAR VIEW |
| 7 Sep 2022 | £337,227 | £339,950 | 237 KINGSLEY ROAD |
| 25 Jul 2022 | £365,985 | £365,000 | 88 COURT CRESCENT |
| 25 Jul 2022 | £676,822 | £675,000 | 8 CLEAR VIEW |
This house has a floor area of 209 sq meters or 2,249 sq feet when measured on 23 Jan 2016. Using an estimated price of £648,286 means this house is valued at £3,101 per sq meter (£288 per sq foot).
The average size of a house on CHELTENHAM DRIVE is 221 sq meters (2,385 sq feet).
This house is the largest in the street with a floor area of 209 sq meters (2,249 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Cheltenham Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheltenham Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lodge Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lodge Lane |