£163,000
This estimated value is based upon the latest sale price for the house of £107,500 on 5 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £107,500 | 5 Sep 2014 |
| £90,000 | 26 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £107,500 results in an estimated price of approximately £163,000.
| 5 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £107,500 | £55,500 | £163,000 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 37.380 % | £40,183 | £147,683 |
| 3 Month Average | 74.191 % | £79,755 | £187,255 |
| 6 Month Average | 70.268 % | £75,537 | £183,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £172,294 | £167,000 | 26 CRATHORNE AVENUE |
| 10 Aug 2023 | £145,627 | £143,000 | 42 CRATHORNE AVENUE |
| 29 Nov 2022 | £145,320 | £146,000 | 14 BARRINGTON CLOSE |
| 22 Apr 2022 | £143,164 | £138,000 | 17 THREE TUNS LANE |
| 7 Jan 2022 | £98,068 | £92,500 | 48 CRATHORNE AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Jul 2015. Using an estimated price of £163,000 means this house is valued at £2,232 per sq meter (£207 per sq foot).
The average size of a house on CRATHORNE AVENUE is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Crathorne Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Crathorne Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Crathorne Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Crathorne Avenue | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Road |