£366,913
This estimated value is based upon the latest sale price for the house of £360,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £360,000 | 12 May 2022 |
| £218,000 | 17 Dec 2004 |
| £120,000 | 22 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £360,000 results in an estimated price of approximately £366,913.
| 12 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £360,000 | £6,913 | £366,913 |
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 | -17.781 % | £-64,010 | £295,989 |
| 3 Month Average | 1.791 % | £6,447 | £366,447 |
| 6 Month Average | 7.226 % | £26,014 | £386,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £320,610 | £315,000 | 36 CARTERS LANE |
| 1 Nov 2022 | £331,979 | £336,000 | 24 MANOR ABBEY ROAD |
| 12 May 2022 | £366,914 | £360,000 | 4 CAVENDISH ROAD |
| 25 Apr 2022 | £592,134 | £575,000 | 29 CAVENDISH ROAD |
| 17 Sep 2021 | £415,951 | £386,000 | 17 CAVENDISH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 2 Apr 2013. Using an estimated price of £366,914 means this house is valued at £4,217 per sq meter (£391 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 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bourne Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Royal Oak Road |