£341,933
This estimated value is based upon the latest sale price for the house of £224,700 on 4 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£224,700 | 4 Jul 2014 |
£190,000 | 8 Mar 2006 |
£215,000 | 9 Apr 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 885 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 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 52.174%.Applying this 52.174% change to the original purchase price of £224,700 results in an estimated price of approximately £341,933.
4 Jul 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.0 | 52.174 % | £224,700 | £117,233 | £341,933 |
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 | 135.215 % | £303,827 | £528,527 |
3 Month Average | 51.483 % | £115,683 | £340,383 |
6 Month Average | 46.651 % | £104,823 | £329,523 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2023 | £221,196 | £220,000 | 18 CAVERSHAM PLACE |
16 Feb 2023 | £179,153 | £180,000 | 48 CAVERSHAM PLACE |
27 Jan 2023 | £297,388 | £300,000 | 65 CAVERSHAM PLACE |
6 Jan 2023 | £351,909 | £355,000 | 97 CAVERSHAM PLACE |
26 Aug 2022 | £185,745 | £187,000 | 3 CAVERSHAM PLACE |
This house has a floor area of 82 sq meters or 885 sq feet when measured on 24 May 2011. Using an estimated price of £341,934 means this house is valued at £4,157 per sq meter (£386 per sq foot).
The average size of a house on CAVERSHAM PLACE is 95 sq meters (1,026 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farthing Lane |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farthing Lane |
Apr 2024 | Other theft | Under investigation | On or near Farthing Lane |
Apr 2024 | Other theft | Under investigation | On or near Farthing Lane |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farthing Lane |