£163,597
This estimated value is based upon the latest sale price for the house of £31,250 on 14 Mar 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£31,250 | 14 Mar 1997 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 March 1997 the House Price Index for WEST MIDLANDS was 28.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 423.513%.Applying this 423.513% change to the original purchase price of £31,250 results in an estimated price of approximately £163,597.
14 Mar 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 148.6 | 423.513 % | £31,250 | £132,347 | £163,597 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 1288.712 % | £402,722 | £433,972 |
3 Month Average | 597.900 % | £186,843 | £218,093 |
6 Month Average | 541.425 % | £169,195 | £200,445 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £91,603 | £90,000 | 301 SWAN LANE |
17 Nov 2023 | £101,503 | £100,000 | 72 CRANERS ROAD |
6 Jan 2023 | £164,226 | £165,000 | 23 CRANERS ROAD |
25 Feb 2022 | £143,671 | £137,000 | 283 SWAN LANE |
4 Feb 2022 | £131,087 | £125,000 | 34 TRENTHAM ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 26 Oct 2014. Using an estimated price of £163,598 means this house is valued at £1,686 per sq meter (£156 per sq foot).
The average size of a house on CRANERS ROAD is 66 sq meters (719 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Newnham Road |
Mar 2024 | Drugs | Under investigation | On or near Newnham Road |
Mar 2024 | Other crime | Under investigation | On or near Newnham Road |
Mar 2024 | Other crime | Under investigation | On or near Craner'S Road |
Mar 2024 | Public order | Under investigation | On or near Craner'S Road |