£141,806
This estimated value is based upon the latest sale price for the house of £119,995 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,995 | 16 Oct 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £119,995 results in an estimated price of approximately £141,806.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £119,995 | £21,811 | £141,806 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 24.700 % | £29,638 | £149,633 |
| 3 Month Average | 34.601 % | £41,519 | £161,514 |
| 6 Month Average | 24.762 % | £29,713 | £149,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £102,254 | £100,000 | 3 BENTON CLOSE |
| 31 Aug 2023 | £171,086 | £168,000 | 5 RUDGE CLOSE |
| 26 Jun 2023 | £301,033 | £295,000 | 3 REDSAND CLOSE |
| 21 Apr 2023 | £153,878 | £151,000 | 21 OAKRIDGE DRIVE |
| 24 Mar 2023 | £366,114 | £360,000 | 43 ENSBURY CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 4 Apr 2019. Using an estimated price of £141,806 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on CAVALCADE CLOSE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Benton Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Benton Close |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Benton Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benton Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stroud Avenue |