£241,339
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Cardigan Drive
More crime details
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,122 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 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £160,000 results in an estimated price of approximately £241,339.
| 21 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £160,000 | £81,339 | £241,339 |
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 | 86.812 % | £138,898 | £298,898 |
| 3 Month Average | 46.466 % | £74,345 | £234,345 |
| 6 Month Average | 40.828 % | £65,324 | £225,324 |
This house has a floor area of 104 sq meters or 1,122 sq feet when measured on 24 Sep 2011.
The average size of a house on KNIGHTSBRIDGE LANE is 139 sq meters (1,506 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Cardigan Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Howe Crescent |
| Dec 2023 | Anti-social behaviour | On or near Williams Close | |
| Dec 2023 | Anti-social behaviour | On or near Williams Close | |
| Dec 2023 | Anti-social behaviour | On or near Williams Close |