£192,132
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Feb 2015 |
| £34,000 | 28 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 189 sq meters or 2,034 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 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £130,000 results in an estimated price of approximately £192,132.
| 20 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £130,000 | £62,132 | £192,132 |
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 | 302.443 % | £393,175 | £523,175 |
| 3 Month Average | 79.667 % | £103,566 | £233,566 |
| 6 Month Average | 72.044 % | £93,657 | £223,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £238,206 | £235,000 | 65 CAVENDISH ROAD |
| 13 Jan 2023 | £218,969 | £220,000 | 12 WIMBOURNE ROAD |
| 3 Nov 2022 | £256,888 | £260,000 | 57 CAVENDISH ROAD |
| 10 Jun 2022 | £225,182 | £222,000 | 17 TWYNING ROAD |
| 29 Apr 2022 | £276,501 | £268,500 | 72 CAVENDISH ROAD |
This house has a floor area of 189 sq meters or 2,034 sq feet when measured on 9 Apr 2016. Using an estimated price of £192,132 means this house is valued at £1,016 per sq meter (£94 per sq foot).
The average size of a house on CAVENDISH ROAD is 164 sq meters (1,767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Road |