£228,662
This estimated value is based upon the latest sale price for the house of £50,000 on 8 Jan 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 8 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 January 1999 the House Price Index for WEST MIDLANDS was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £50,000 results in an estimated price of approximately £228,662.
| 8 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £50,000 | £178,662 | £228,662 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 500.361 % | £250,180 | £300,180 |
| 3 Month Average | 399.825 % | £199,912 | £249,912 |
| 6 Month Average | 315.324 % | £157,661 | £207,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £220,589 | £220,000 | 12 WIMBOURNE ROAD |
| 10 Jun 2022 | £226,849 | £222,000 | 17 TWYNING ROAD |
| 5 Mar 2020 | £163,803 | £135,000 | 323 DUDLEY ROAD |
| 13 Dec 2019 | £176,726 | £143,000 | 65 WINSON STREET |
| 6 Dec 2019 | £197,735 | £160,000 | 17 ALGERNON ROAD |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 12 Feb 2014. Using an estimated price of £228,662 means this house is valued at £1,197 per sq meter (£111 per sq foot).
The average size of a house on CAVENDISH ROAD is 164 sq meters (1,767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Twyning Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twyning Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twyning Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Twyning Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twyning Road |