£156,836
This estimated value is based upon the latest sale price for the house of £48,000 on 19 Oct 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £48,000 | 19 Oct 2001 |
| £46,000 | 21 Jul 1995 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 October 2001 the House Price Index for WEST MIDLANDS was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £48,000 results in an estimated price of approximately £156,836.
| 19 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 149.7 | 226.742 % | £48,000 | £108,836 | £156,836 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 259.488 % | £124,554 | £172,554 |
| 3 Month Average | 188.031 % | £90,254 | £138,254 |
| 6 Month Average | 200.062 % | £96,029 | £144,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £251,000 | £251,000 | 39 WOODFORT ROAD |
| 3 May 2024 | £205,000 | £205,000 | 97 WEST ROAD |
| 15 Dec 2023 | £232,133 | £225,000 | 61 TEMPLEMORE DRIVE |
| 29 Nov 2023 | £243,173 | £237,000 | 39 TEMPLEMORE DRIVE |
| 16 Nov 2023 | £205,209 | £200,000 | 4 FARRAN WAY |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Apr 2015. Using an estimated price of £156,836 means this house is valued at £2,010 per sq meter (£186 per sq foot).
The average size of a house on CROMANE SQUARE is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodfort Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Woodfort Road |
| Sep 2024 | Robbery | Under investigation | On or near Templemore Drive |
| Jul 2024 | Anti-social behaviour | On or near Templemore Drive | |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Templemore Drive |