£163,358
This estimated value is based upon the latest sale price for the house of £71,000 on 15 Aug 2003. 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 Crabmill Lane
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| Price Paid | Date |
|---|---|
| £71,000 | 15 Aug 2003 |
| £71,000 | 15 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2003 the House Price Index for WEST MIDLANDS was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £71,000 results in an estimated price of approximately £163,358.
| 15 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £71,000 | £92,358 | £163,358 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 92.018 % | £65,332 | £136,332 |
| 3 Month Average | 122.607 % | £87,051 | £158,051 |
| 6 Month Average | 137.090 % | £97,333 | £168,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £171,850 | £170,000 | 136 CRABMILL LANE |
| 10 Feb 2023 | £119,919 | £120,000 | 39 SILVERTON ROAD |
| 11 Aug 2022 | £128,654 | £129,000 | 4 CRABMILL LANE |
| 31 May 2022 | £137,593 | £135,000 | 38 SILVERTON ROAD |
| 25 Feb 2022 | £115,356 | £110,000 | 15 BRYN ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Aug 2013. Using an estimated price of £163,359 means this house is valued at £2,041 per sq meter (£189 per sq foot).
The average size of a house on CRABMILL LANE is 80 sq meters (864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crabmill Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabmill Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Crabmill Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabmill Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Crabmill Lane |