£311,670
This estimated value is based upon the latest sale price for the house of £280,000 on 12 Mar 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£280,000 | 12 Mar 2021 |
£219,000 | 27 Oct 2016 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 2021 the House Price Index for WEST MIDLANDS was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £280,000 results in an estimated price of approximately £311,670.
12 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.5 | 148.6 | 11.311 % | £280,000 | £31,670 | £311,670 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 41.472 % | £116,121 | £396,121 |
3 Month Average | 7.953 % | £22,267 | £302,267 |
6 Month Average | 9.235 % | £25,859 | £305,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £359,091 | £354,500 | 58 CROMWELL ROAD |
29 Aug 2023 | £247,162 | £245,000 | 5 TITCHFIELD CLOSE |
22 Feb 2023 | £88,940 | £89,000 | 2 CAVALIER CIRCUS |
11 Apr 2022 | £329,536 | £320,000 | 5 CAVALIER CIRCUS |
22 Dec 2021 | £307,485 | £287,000 | 67 CROMWELL ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 19 Oct 2016. Using an estimated price of £311,670 means this house is valued at £2,493 per sq meter (£231 per sq foot).
The average size of a house on CAVALIER CIRCUS is 81 sq meters (877 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bonville Gardens |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Wadesmill Lawns |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Farmoor Way |
Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Abbeyfield Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Abbeyfield Road |