£409,387
This estimated value is based upon the latest sale price for the house of £402,500 on 26 May 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £402,500 | 26 May 2023 |
| £105,000 | 30 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 May 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £402,500 results in an estimated price of approximately £409,387.
| 26 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £402,500 | £6,887 | £409,387 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 7.537 % | £30,337 | £432,837 |
| 3 Month Average | -6.746 % | £-27,153 | £375,346 |
| 6 Month Average | -0.533 % | £-2,146 | £400,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £274,057 | £270,000 | 16 CRANLEIGH CLOSE |
| 3 Nov 2023 | £197,930 | £195,000 | 10 TWYFORD CLOSE |
| 22 Sep 2023 | £678,678 | £670,000 | 113 ERDINGTON ROAD |
| 14 Sep 2023 | £184,357 | £182,000 | 23 TWYFORD CLOSE |
| 28 Apr 2023 | £350,777 | £347,000 | 117 ERDINGTON ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 18 Sep 2018.
The average size of a house on CAVENDISH WAY is 178 sq meters (1,921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Cavendish Way | |
| Mar 2024 | Public order | Under investigation | On or near Cavendish Way |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Cavendish Way |
| Feb 2024 | Drugs | Local resolution | On or near Cavendish Way |
| Feb 2024 | Other crime | Under investigation | On or near Cavendish Way |