£130,165
This estimated value is based upon the latest sale price for the house of £105,000 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Craven Street
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| Price Paid | Date |
|---|---|
| £105,000 | 20 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £105,000 results in an estimated price of approximately £130,165.
| 20 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £105,000 | £25,165 | £130,165 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 110.552 % | £116,079 | £221,079 |
| 3 Month Average | 21.785 % | £22,874 | £127,874 |
| 6 Month Average | 27.598 % | £28,977 | £133,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Mar 2023 | £198,312 | £195,000 | 21 MYRTLE STREET |
| 30 Jun 2022 | £173,713 | £170,000 | 67 DURBERVILLE ROAD |
| 29 Apr 2022 | £157,688 | £152,000 | 22 ROUGH HILLS ROAD |
| 1 Nov 2021 | £130,742 | £120,000 | 2 WINDSOR ROAD |
| 18 Aug 2021 | £106,768 | £95,000 | 79 DURBERVILLE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Dec 2018. Using an estimated price of £130,166 means this house is valued at £1,479 per sq meter (£137 per sq foot).
The average size of a house on CRAVEN STREET is 142 sq meters (1,528 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Craven Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craven Street |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Craven Street |
| Jul 2024 | Burglary | Under investigation | On or near Craven Street |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Craven Street |