£790,789
This estimated value is based upon the latest sale price for the house of £130,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 20 Oct 2023 |
| £40,900 | 18 Jun 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £130,000 results in an estimated price of approximately £790,789.
| 20 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £130,000 | £660,789 | £790,789 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 23.125 % | £30,062 | £160,062 |
| 3 Month Average | -16.531 % | £-21,489 | £108,510 |
| 6 Month Average | -4.679 % | £-6,082 | £123,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £187,780 | £185,000 | 31 AUCKLAND ROAD |
| 20 Nov 2023 | £167,480 | £165,000 | 83 HUGH ROAD |
| 8 Nov 2023 | £182,705 | £180,000 | 81 HUGH ROAD |
| 12 Jul 2023 | £144,951 | £143,000 | 48 BRISBANE ROAD |
| 8 Nov 2022 | £197,606 | £200,000 | 102 HUGH ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Jun 2012.
The average size of a house on CRADDOCK ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Craddock Road |
| Mar 2024 | Burglary | Under investigation | On or near Auckland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Auckland Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Auckland Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Ernest Road |