£277,826
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 5 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £230,000 results in an estimated price of approximately £277,826.
| 5 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £230,000 | £47,826 | £277,826 |
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 | 65.683 % | £151,069 | £381,069 |
| 3 Month Average | 48.468 % | £111,476 | £341,476 |
| 6 Month Average | 27.077 % | £62,276 | £292,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £275,980 | £267,500 | 88 LABURNUM ROAD |
| 13 Oct 2023 | £293,670 | £287,000 | 67 CRANBOURNE AVENUE |
| 27 Sep 2023 | £278,642 | £272,500 | 5 TYNEDALE CRESCENT |
| 1 Sep 2023 | £143,156 | £140,000 | 1B PEVERILL ROAD |
| 17 Feb 2023 | £246,648 | £245,000 | 26 TYNEDALE CRESCENT |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 16 May 2014. Using an estimated price of £277,827 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on CRANBOURNE AVENUE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Cranbourne Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Cranbourne Avenue | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cranbourne Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cranbourne Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranbourne Avenue |