£421,329
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Apr 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £140,000 | 30 Apr 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 819 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 April 2002 the House Price Index for WEST MIDLANDS was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £140,000 results in an estimated price of approximately £421,329.
| 30 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £140,000 | £281,329 | £421,329 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 88.309 % | £123,631 | £263,631 |
| 3 Month Average | 122.099 % | £170,938 | £310,938 |
| 6 Month Average | 164.714 % | £230,600 | £370,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2023 | £223,736 | £220,000 | 18 CAVERSHAM PLACE |
| 16 Feb 2023 | £181,210 | £180,000 | 48 CAVERSHAM PLACE |
| 27 Jan 2023 | £300,804 | £300,000 | 65 CAVERSHAM PLACE |
| 6 Jan 2023 | £355,951 | £355,000 | 97 CAVERSHAM PLACE |
| 26 Aug 2022 | £187,879 | £187,000 | 3 CAVERSHAM PLACE |
This house has a floor area of 76 sq meters or 819 sq feet when measured on 2 Jan 2010. Using an estimated price of £421,330 means this house is valued at £5,536 per sq meter (£514 per sq foot).
The average size of a house on CAVERSHAM PLACE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Farthing Lane |
| Jul 2024 | Anti-social behaviour | On or near Farthing Lane | |
| Jun 2024 | Anti-social behaviour | On or near Farthing Lane | |
| Jun 2024 | Anti-social behaviour | On or near Farthing Lane | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farthing Lane |