£526,445
This estimated value is based upon the latest sale price for the house of £392,500 on 11 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £392,500 | 11 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £392,500 results in an estimated price of approximately £526,445.
| 11 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £392,500 | £133,945 | £526,445 |
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 | -7.020 % | £-27,551 | £364,948 |
| 3 Month Average | 17.725 % | £69,571 | £462,071 |
| 6 Month Average | 36.870 % | £144,712 | £537,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £472,256 | £465,000 | 4 ARDEN DRIVE |
| 30 Nov 2023 | £448,895 | £437,500 | 15 HENLEY CLOSE |
| 15 Nov 2023 | £492,502 | £480,000 | 21 ARDEN DRIVE |
| 8 Nov 2023 | £543,804 | £530,000 | 10 ARDEN DRIVE |
| 28 Sep 2023 | £424,355 | £415,000 | 141 GREEN LANES |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 27 May 2016. Using an estimated price of £526,446 means this house is valued at £3,533 per sq meter (£328 per sq foot).
The average size of a house on CAMBRIDGE AVENUE is 213 sq meters (2,298 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Cambridge Avenue |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Cambridge Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Avenue |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cambridge Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cambridge Avenue |