£116,059
This estimated value is based upon the latest sale price for the house of £68,395 on 27 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,395 | 27 Jan 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.690%.Applying this 69.690% change to the original purchase price of £68,395 results in an estimated price of approximately £116,059.
| 27 Jan 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.690 % | £68,395 | £47,664 | £116,059 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 268.765 % | £183,821 | £252,216 |
| 3 Month Average | 78.905 % | £53,966 | £122,361 |
| 6 Month Average | 60.110 % | £41,112 | £109,507 |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 22 Oct 2021.
The average size of a house on CADET CLOSE is 66 sq meters (717 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cadet Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cadet Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cadet Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadet Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cadet Close |