£427,097
This estimated value is based upon the latest sale price for the house of £249,995 on 25 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,995 | 25 Jun 2010 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,326 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 June 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £249,995 results in an estimated price of approximately £427,097.
| 25 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £249,995 | £177,102 | £427,097 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 11.834 % | £29,584 | £279,579 |
| 3 Month Average | 64.958 % | £162,392 | £412,387 |
| 6 Month Average | 46.335 % | £115,835 | £365,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £230,072 | £225,000 | 9 BEVERLEY CRESCENT |
| 27 Jan 2023 | £320,857 | £320,000 | 3 CRABTREE CLOSE |
| 26 Aug 2022 | £90,423 | £90,000 | FLAT 181 WESLEY COURT BIRMINGHAM NEW ROAD |
| 19 Aug 2022 | £217,517 | £216,500 | 8 WORDSWORTH AVENUE |
| 27 Nov 2020 | £154,167 | £132,000 | 53 WORDSWORTH AVENUE |
This house has a floor area of 123 sq meters or 1,326 sq feet when measured on 30 Nov 2009. Using an estimated price of £427,097 means this house is valued at £3,464 per sq meter (£321 per sq foot).
The average size of a house on CRABTREE CLOSE is 115 sq meters (1,238 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Crabtree Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Crabtree Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Close |