£362,700
This estimated value is based upon the latest sale price for the house of £299,950 on 22 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£299,950 | 22 Jul 2020 |
£95,900 | 10 Nov 1995 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £299,950 results in an estimated price of approximately £362,700.
22 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £299,950 | £62,750 | £362,700 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -1.853 % | £-5,558 | £294,391 |
3 Month Average | 3.961 % | £11,881 | £311,831 |
6 Month Average | 22.037 % | £66,100 | £366,050 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £320,610 | £315,000 | 36 CARTERS LANE |
21 Jul 2023 | £506,821 | £500,000 | 32 RADDENS ROAD |
28 Feb 2023 | £422,815 | £423,100 | 53 RADDENS ROAD |
1 Nov 2022 | £331,979 | £336,000 | 24 MANOR ABBEY ROAD |
16 Sep 2022 | £322,397 | £325,000 | 6 CAVENDISH ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 25 Jan 2020. Using an estimated price of £362,700 means this house is valued at £3,521 per sq meter (£327 per sq foot).
The average size of a house on CAVENDISH ROAD is 117 sq meters (1,267 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carter'S Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter'S Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter'S Lane |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourne Avenue |