£293,380
This estimated value is based upon the latest sale price for the house of £235,000 on 25 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £235,000 | 25 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £235,000 results in an estimated price of approximately £293,380.
| 25 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £235,000 | £58,380 | £293,380 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | -2.828 % | £-6,645 | £228,354 |
| 3 Month Average | 19.850 % | £46,646 | £281,646 |
| 6 Month Average | 43.053 % | £101,174 | £336,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £200,000 | £200,000 | 42 CRANBROOK ROAD |
| 28 Mar 2024 | £231,558 | £228,000 | 24 LANDGATE ROAD |
| 1 Sep 2023 | £316,988 | £310,000 | 18 LANDGATE ROAD |
| 25 Aug 2023 | £224,550 | £220,500 | 42 LANDGATE ROAD |
| 24 Jun 2022 | £296,334 | £290,000 | 195 SANDWELL ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 3 Jan 2018. Using an estimated price of £293,381 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on CRANBROOK ROAD is 121 sq meters (1,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cranbrook Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranbrook Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Cranbrook Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Landgate Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Landgate Road |