£173,419
This estimated value is based upon the latest sale price for the house of £81,250 on 23 Feb 2004. 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 Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £81,250 | 23 Feb 2004 |
| Semi-Detached |
| Freehold |
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 2004 the House Price Index for WEST MIDLANDS was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £81,250 results in an estimated price of approximately £173,419.
| 23 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 149.7 | 113.439 % | £81,250 | £92,169 | £173,419 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 169.181 % | £137,459 | £218,709 |
| 3 Month Average | 89.928 % | £73,066 | £154,316 |
| 6 Month Average | 102.715 % | £83,456 | £164,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £185,706 | £180,000 | 352 WILLENHALL ROAD |
| 12 Dec 2023 | £154,755 | £150,000 | 40 CAVENDISH GARDENS |
| 22 Sep 2023 | £97,141 | £95,000 | 357B WILLENHALL ROAD |
| 22 Sep 2023 | £121,682 | £119,000 | 355A WILLENHALL ROAD |
| 28 Feb 2023 | £281,883 | £280,000 | 369 WILLENHALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Gardens |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Cavendish Gardens |