£194,860
This estimated value is based upon the latest sale price for the house of £112,000 on 26 May 2011. 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 Standish Close
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| Price Paid | Date |
|---|---|
| £112,000 | 26 May 2011 |
| £42,000 | 1 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 804 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 May 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £112,000 results in an estimated price of approximately £194,860.
| 26 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £112,000 | £82,860 | £194,860 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 92.108 % | £103,161 | £215,161 |
| 3 Month Average | 70.289 % | £78,724 | £190,724 |
| 6 Month Average | 83.187 % | £93,169 | £205,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £101,560 | £100,000 | 73 LLOYD CRESCENT |
| 6 Mar 2024 | £164,528 | £162,000 | 11 STANDISH CLOSE |
| 1 Mar 2024 | £216,324 | £213,000 | 78 MAYFLOWER DRIVE |
| 31 Mar 2023 | £81,359 | £80,000 | 8 BREWSTER CLOSE |
| 31 Mar 2023 | £193,227 | £190,000 | 92 MAYFLOWER DRIVE |
This house has a floor area of 74 sq meters or 804 sq feet when measured on 17 Mar 2011. Using an estimated price of £194,860 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on CRAKSTON CLOSE is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Standish Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brewster Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brewster Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Brewster Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Brewster Close |