£238,505
This estimated value is based upon the latest sale price for the house of £138,000 on 11 Dec 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,000 | 11 Dec 2009 |
| Semi-Detached |
| Freehold |
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 December 2009 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £138,000 results in an estimated price of approximately £238,505.
| 11 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £138,000 | £100,505 | £238,505 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -45.251 % | £-62,446 | £75,553 |
| 3 Month Average | 35.117 % | £48,461 | £186,461 |
| 6 Month Average | 26.479 % | £36,540 | £174,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £277,427 | £275,000 | 3 MARCHANT ROAD |
| 8 Jul 2022 | £226,059 | £225,450 | 5 CRANMORE ROAD |
| 4 Jul 2022 | £146,895 | £146,500 | 64 CRANMORE ROAD |
| 25 Mar 2022 | £183,937 | £177,500 | 18 CRANMORE ROAD |
| 10 Jan 2022 | £181,014 | £172,000 | 85 CRANMORE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clark Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clark Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Westland Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Marchant Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cranmore Road |