£490,942
This estimated value is based upon the latest sale price for the house of £349,950 on 12 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £349,950 | 12 Nov 2015 |
| £244,950 | 22 Jun 2004 |
| £131,500 | 15 Jul 1999 |
| £131,500 | 15 Jul 1999 |
| £89,000 | 24 May 1995 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £349,950 results in an estimated price of approximately £490,942.
| 12 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £349,950 | £140,992 | £490,942 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -15.710 % | £-54,976 | £294,973 |
| 3 Month Average | 40.828 % | £142,877 | £492,827 |
| 6 Month Average | 32.566 % | £113,964 | £463,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £572,500 | £572,500 | 47 ALDERMINSTER ROAD |
| 1 Sep 2023 | £613,525 | £600,000 | 8 ASHBY COURT |
| 2 Jun 2023 | £640,843 | £628,000 | 14 WOODPERRY AVENUE |
| 3 Mar 2023 | £767,823 | £755,000 | 32 WILLOUGHBY DRIVE |
| 20 Jan 2023 | £458,224 | £457,000 | 81 SHELSLEY WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 May 2015. Using an estimated price of £490,942 means this house is valued at £7,327 per sq meter (£680 per sq foot).
The average size of a house on CRANFORD GROVE is 124 sq meters (1,337 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Hillfield Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Greyhurst Croft |
| Nov 2024 | Burglary | Under investigation | On or near Langford Croft |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsbrook Drive |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Winthorpe Drive |