£122,097
This estimated value is based upon the latest sale price for the house of £74,950 on 2 Feb 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cavendish Close
More crime details
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| Price Paid | Date |
|---|---|
| £74,950 | 2 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 826 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 February 2007 the House Price Index for WEST MIDLANDS was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £74,950 results in an estimated price of approximately £122,097.
| 2 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £74,950 | £47,147 | £122,097 |
The Postcode Pricing Model uses changes in average sales price within the B38 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 | 15.720 % | £11,782 | £86,732 |
| 3 Month Average | 80.332 % | £60,208 | £135,158 |
| 6 Month Average | 92.533 % | £69,353 | £144,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £274,808 | £270,000 | 49 MONKSWAY |
| 28 Nov 2023 | £101,503 | £100,000 | 32 HILLMEADS ROAD |
| 18 Aug 2023 | £232,030 | £230,000 | 75 HEATHSIDE DRIVE |
| 26 Apr 2023 | £106,143 | £105,000 | 1 HILLMEADS ROAD |
| 23 Aug 2022 | £244,342 | £245,000 | 60 HEATHSIDE DRIVE |
This house has a floor area of 76 sq meters or 826 sq feet when measured on 24 Jan 2011. Using an estimated price of £122,098 means this house is valued at £1,589 per sq meter (£147 per sq foot).
The average size of a house on HILLMEADS ROAD is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Cavendish Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Cavendish Close |
| Mar 2024 | Anti-social behaviour | On or near Greaves Square | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greaves Square |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greaves Square |